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What are my 401(k) lump-sum distribution options if I leave my job?

April 26, 2017distribution Job leave lump-sum Options

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What are my 401(k) lump-sum distribution options if I leave my job?

1 Answer

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Basically, there are four choices: 1) rolling the money into an IRA, 2) rolling it into a new 401(k) plan, 3) leaving it in the existing plan, or 4) taking the money and paying the tax.