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Nuance

I believe you can either keep it as it is (and just - keep making payments)

Posted: Sep 1st, 2016 - 4:35 pm In Reply to: 401K - lh

or you can cash it out (but you will have to claim it as income, prob not the best idea unless you REALLY need it)....OR, you can transfer it directly to another IRA (this way you won't have to claim it as income).

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Complete Discussion Below: ( marks the location of current message within thread)
  • 401K - lh (Views: 737, 2016-09-01, 2:16 pm)
    • It depends - nan32 (Views: 613, 2016-09-01, 3:44 pm)
      • probably - lh (Views: 660, 2016-09-01, 4:01 pm)
        • Vested? - I think (Views: 596, 2016-09-01, 4:33 pm)
    • I believe you can either keep it as it is (and just - keep making payments)