Talk of The Villages Florida - View Single Post - Advice pls
Thread: Advice pls
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Old 12-16-2020, 11:55 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Rga20 View Post
Now that I've finally retired what do I do with my 401k. Don't anticipate needing the money but don't want to lose it either. Appreciate your inputs.
At some point you need to take out a portion each year and pay tax on it. They deferred it this year but probably will reinstate it in 2021