Question

Retirement

Forum|Forum|6 years ago
August 13, 2019
2 replies
0 views

When I retire I am planning to take a partial lump sum of money. Where is the best place to put it so I do not have to pay taxes until the money is taken out?

X

xmasbaby0

Employee

What do you mean you are taking a “partial lump sum of money” — from where? Please elaborate.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

K

KkatelynNAuthor

When I retire as of the 1st I will be taking a partial lump sum of money from my employer that they are offering to me.

X

xmasbaby0

Employee

That is still as clear as mud. Do you mean you will be taking money from a 401k? Where is the "lump sum" coming from (not just "from my employer") And what is it a "partial" lump sum of?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**