Skip to main content

What to do With a 401K After Retirement


You have spent your entire working life growing your retirement in your 401K, what now? I am going to give you some ideas of what you can do as you reach the distribution phase. Watch and Enjoy! Rob Gill GET YOUR FREE GAME PLAN GET ACCESS TO OUR FREE FINANCIAL FREEDOM ROAD MAP DOWNLOAD YOUR FREE CASH FLOW ANALYSIS GUIDE GET ACCESS TO OUR GUARANTEED INCOME GUIDE MUSIC AND LICENSE Title - From Ashes Artist - PALA License - VIDEO PRODUCED BY Motormind Marketing Alliance Your Best Allies in Video 385-215-9003 Motormindmarketingalliance@gmail.com “EPIC Financial Strategies” is a trade name referring to EPIC Insurance Services, LLC. All references to “EPIC” contained in this video pertain to EPIC Insurance Services, LLC. Robert Gill is not in the business of providing investment advice and specifically disclaims any liability, loss or risk incurred as a consequence, either directly or indirectly, through the use of any of the information contained in this video. Also, Robert Gill, in his appearance on various social media platforms, does NOT provide ANY legal, accounting, securities, investment or tax advice, and the opinions he shares are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Robert Gill does not endorse ANY specific investments, financial advisors or securities brokerage firms. Robert Gill is not a securities-licensed professional, financial planner or investment advisor. The views and opinions of any guests who may appear in the videos on this channel, regardless of whether they hold any securities, advisory or insurance license, are shared for informational and educational purposes only. And whether they originate with Robert Gill or any guest, the views and opinions of persons appearing in these videos should not be considered investment, financial, legal or tax advice. Before making any investment or other significant financial decision, viewers should consult with qualified and licensed professionals, who will assess the appropriateness of the decision in light of each individual’s specific goals, experiences and financial status. It is possible that certain material facts, including but not limited to legal conditions directly affecting the functions of products discussed herein, may have changed in the time since this video was filmed. Viewers should not assume that such conditions have remained the same in the ensuing period....(read more)



LEARN MORE ABOUT: 401a Plans
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Many Americans contribute to a 401K retirement plan during their working years to prepare for retirement. However, some individuals are unsure what to do with their 401K after retirement. Here are some options to consider. Option 1: Leave the 401K with the employer If the individual is satisfied with the investment options and fees associated with their employer's 401k plan, they can leave their account with their employer. This option allows for continued tax-deferred growth of the funds and allows for the individual to withdraw from the account when needed. Option 2: Roll over to an IRA Individuals can roll over their 401K balance to an Individual retirement account (IRA). This option provides greater flexibility in investment options and allows for more control over fees. Additionally, a rollover to an IRA allows for continued tax-deferred growth of the funds. Option 3: Take periodic withdrawals Individuals can choose to take periodic withdrawals from their 401K after retirement. These withdrawals are taxed as income and the amount taken out each year is based on the individual's life expectancy. This option provides a regular stream of income but does not allow for continued growth of the funds. Option 4: Purchase an annuity An annuity is a financial product that provides a steady stream of income in exchange for a lump sum payment. Individuals can use part or all of their 401K balance to purchase an annuity. This option provides a guaranteed stream of income for life but does not allow for continued growth of the funds. It is important for individuals to evaluate their options and consult with a financial advisor before making a decision on what to do with their 401K after retirement. The decision should be based on the individual's financial goals and risk tolerance. Additionally, it is important to remember that taxes and fees can impact the value of the account, so it is important to carefully consider all options before making a decision. https://inflationprotection.org/what-to-do-with-a-401k-after-retirement/?feed_id=81649&_unique_id=6420aa1a91197 #Inflation #Retirement #GoldIRA #Wealth #Investing #annuities #DaveHarter #EddieGartner #EpicFinancialStrategies #FinancialPlanning #indexeduniversallifeinsurance #JohnSpring #lifeinsurance #retirementplanning #RobGill #wholelifeinsurance #401a #annuities #DaveHarter #EddieGartner #EpicFinancialStrategies #FinancialPlanning #indexeduniversallifeinsurance #JohnSpring #lifeinsurance #retirementplanning #RobGill #wholelifeinsurance

Comments

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'