Ace Icon
The ACE badge is awarded to Online Community members who have been recognized by peers for their high value contributions.

Learn More

The Online Community ACE program enables you to be recognized by your peers for consistent, high value contributions to the Community.

Are you ready to become an ACE? Here's how:

  • Upload Your Profile Picture
  • Fill Out the "Tell us about yourself" Section
  • Share Your "Areas of knowledge"
  • Receive 25 Kudos (excluding Politics, Current Events forum) during rolling six month period
  • Be In Good Standing Without Community Violations For At Least 30 Days

All Activity

thanks.  from your info i suspect that some of this is dependent on my 401k.  They have said that I can roll-over any amount or all of money to an IRA as many times a year I want until there is nothing left in the 401k. That said.  I want to roll-ove...
GregZ626735 09-22-2021 12:00 PM
1
Reply
0
Kudos
1138
Views
No.  I will be 62 in Feb.  Again, my goal is, over the life of my retirement, to regularly move money from my 401k, to a qualified IRA and take disbursements from the IRS to avoid the mandatory 20% withholding.  I think this is doable but am i restri...
GregZ626735 09-22-2021 09:25 AM
1
Reply
0
Kudos
1181
Views
All, I really am chaffing at the prospect of having a 20% mandatory withholding for taxes when I begin taking 401k disbursements next year after I retire.  I have no problem paying my taxes but my effective tax rate in retirement will be about 11.5% ...
GregZ626735 09-22-2021 08:43 AM
3
Replies
0
Kudos
1215
Views
thanks.  from your info i suspect that some of this is dependent on my 401k.  They have said that I can roll-over any amount or all of money to an IRA as many times a year I want until there is nothing left in the 401k. That said.  I want to roll-ove...
GregZ626735 09-22-2021 12:00 PM
1
Reply
0
Kudos
1138
Views
No.  I will be 62 in Feb.  Again, my goal is, over the life of my retirement, to regularly move money from my 401k, to a qualified IRA and take disbursements from the IRS to avoid the mandatory 20% withholding.  I think this is doable but am i restri...
GregZ626735 09-22-2021 09:25 AM
1
Reply
0
Kudos
1181
Views
All, I really am chaffing at the prospect of having a 20% mandatory withholding for taxes when I begin taking 401k disbursements next year after I retire.  I have no problem paying my taxes but my effective tax rate in retirement will be about 11.5% ...
GregZ626735 09-22-2021 08:43 AM
3
Replies
0
Kudos
1215
Views
thanks.  from your info i suspect that some of this is dependent on my 401k.  They have said that I can roll-over any amount or all of money to an IRA as many times a year I want until there is nothing left in the 401k. That said.  I want to roll-ove...
GregZ626735 09-22-2021 12:00 PM
1
Reply
0
Kudos
1138
Views
No.  I will be 62 in Feb.  Again, my goal is, over the life of my retirement, to regularly move money from my 401k, to a qualified IRA and take disbursements from the IRS to avoid the mandatory 20% withholding.  I think this is doable but am i restri...
GregZ626735 09-22-2021 09:25 AM
1
Reply
0
Kudos
1181
Views
All, I really am chaffing at the prospect of having a 20% mandatory withholding for taxes when I begin taking 401k disbursements next year after I retire.  I have no problem paying my taxes but my effective tax rate in retirement will be about 11.5% ...
GregZ626735 09-22-2021 08:43 AM
3
Replies
0
Kudos
1215
Views
Latest Tags
No Tags Yet
Public Statistics
Date Registered ‎09-22-2021 11:22 AM
Last Visited ‎02-18-2022 10:53 AM
Total Messages Posted 3
cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 
Users