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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: deeno who wrote (6494)11/17/2010 7:34:47 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
<edit><you cant do this..>

Really?

Crap.

<edit> I no longer work for the company where the 401K lives, so I actually have a much more obvious solution (see #4 below) that I can't believe I've been overlooking/forgetting.

So the only options would be to:

1. Wait until I'm 59.5 years old and take it all as a distribution and then set up a ROTH?

2. Keep it in the crappy 401K and grit my teeth down to nubs thinking of the opportunity costs of doing so?

3. Take the distribution, pay the taxes and simply put what's left into a regular old taxable stock account?

4. <edit> Or simply roll the 401k over to an IRA. Don't know why I forgot this obvious option.

I don't like any of those choices... there must be something else I can do with the 401K?

FWIW: I'm 56.

Jim