if i take out my retirement know how long do i have to roll it over to a new or different retirement plan.how much will i be pentalized?
Asked on 11/24/09, 2:27 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
I assume that you're talking about a 401k. Generally, there's no such thing as "rolling over" retirement.
Don't "take it out." Roll it over directly into another 401k. There's no tax penalty if you do this.
Answered on 12/02/09, 3:59 pm
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