Gentleman142
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Everything posted by Gentleman142
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401K retirement distribution
Gentleman142 replied to Gentleman142's topic in Distributions and Loans, Other than QDROs
I am receiving a lump sum from a TSP if that helps. -
401K retirement distribution
Gentleman142 replied to Gentleman142's topic in Distributions and Loans, Other than QDROs
This will be a QDRO distribution. So it would be better to open an IRA and have the funds moved into that account instead of my 401K? -
I have a 401k with 350k. I am 61 and want to start withdrawing every month. Is there a calculator to use? What percent of the balance am I able to withdraw every month and still have a balance in 25 years?