Al18
Full time employment: Posting here.
I reviewed my 401K Summary Plan Description and it appears I can take a 401K withdrawal at age 55+ and rollover the remaining to an IRA. 20% Federal Taxes will be withheld from the 401K and no taxes withheld on the IRA rollover. No specifics on changes in the plan. Has anyone done this?
This split option sounds good - allowing me to convert some of my bond funds to a 5 year CD ladder. I'm planning on retiring September 2018 at age 55.
This split option sounds good - allowing me to convert some of my bond funds to a 5 year CD ladder. I'm planning on retiring September 2018 at age 55.