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Saturday, August 15, 2020 8:33:31 PM
You can always move a portion of your 401(k) to an IRA (no immediate tax if done custodian to custodian), then you can buy via a brokerage account.
You can also move it into a Roth IRA, BUT the transferred amount IS taxable as income now, BUT any dividend income you receive in the future would NOT be taxed nor would any withdrawals if done after 5 years of opening up your 1st Roth Ira and I think you have to be over 59 1/2.
You can also move it into a Roth IRA, BUT the transferred amount IS taxable as income now, BUT any dividend income you receive in the future would NOT be taxed nor would any withdrawals if done after 5 years of opening up your 1st Roth Ira and I think you have to be over 59 1/2.
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