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Re: bluebird50 post# 42269

Friday, 07/16/2021 8:28:29 PM

Friday, July 16, 2021 8:28:29 PM

Post# of 69238
My 401K was $59K in 2008, when I was laid off, never to find work again. I converted it to an IRA at Etrade. It's now worth north of $2.7M. And no taxes until I withdraw cash. This year it looks like I'll have to take about $135K, IF it doesn't appreciate any more. The taxes will simply be the same as wages - no capital gains, etc.