To: mikelets456
When we made our move (many years ago) we took money out of the 401K and paid the tax penalties.
The lower cost of living quickly made up for the loss.
15 posted on
03/07/2022 6:20:17 AM PST by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: cgbg
I bet the peace of mind made up for a lot as well ;-)
17 posted on
03/07/2022 6:21:39 AM PST by
Blueflag
(Res ipsa loquitur: ad ferre non, velit esse sine defensione)
To: cgbg
How did you do that? Did you simply contact the plan manager or 401K “contact us”? How are the taxes and fees paid? Prepay? Next tax season?
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