Quote:
Originally posted by madsenj37
look into Roth IRAs
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While this is an option, it does have some issues.
When you roll the amount over, the amount rolled over is included in income in the year of the rollover. However, you do NOT need to roll over the entire amount, you can split some into the roth and leave some in the 401(k) plan.
If this is something you want to consider, post a new thread and I can give you some pros and cons.