Not a large amount, but as part of my pension, I can give up $1,239.60 per year for a lump sum of $25,458. I am 52, so a couple questions:
1. Will I need to roll this into an IRA?
2. Is it still worth the penalty if I tap it early?
I think it still may be worth the penalty, and will keep a small amount available for an emergency fund.
Thanks for your comments!
1. Will I need to roll this into an IRA?
2. Is it still worth the penalty if I tap it early?
I think it still may be worth the penalty, and will keep a small amount available for an emergency fund.
Thanks for your comments!