Click this link to get a free Wealth Protection kit #401kToGold #401kVsGold #GoldInflationHedge 01:38 Active vs eligible 401k 02:26 How to move 401k without penalty 05:14 How a 401(k) loan works 09:30 Advantages of 401(k) loan 10: 09 Risks of 401(k) loan Based on the search volume for “move 401k to Gold” and related terms like “how to move 401k to Gold without penalty”, it is clear that many people have money in 401k accounts and they would like to move that money into Precious metals. Unfortunately, the IRS is very restrictive about what investors can do with their 401k money. For example, money in an active 401k cannot be moved out of the 401k and into another retirement account . This is very different than the rules for Retirement accounts like IRA, 401b, 457, TSP, etc. With those tax-advantaged accounts investors are can move their retirement savings from one account to another without triggering any taxes or penalties but the IRS doesn’t permit that with ...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)