You’ve worked hard and saved for the future.
Now perhaps you’re retiring, or you may be changing jobs or terminating your current employment. Either way, you may be ready to take the money from your pension, 401(k) or similar retirement plan. You’ve a number of decisions to make as you figure out how to manage your distribution, and the following information will provide you with some questions and answers to help you achieve the results you want. You may wish to consult a financial professional or tax advisor for additional information and assistance on handling your lump sum distribution.