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Peak Dispatching: Pathetic
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<blockquote data-quote="gingerkat" data-source="post: 1238450" data-attributes="member: 43502"><p>So you are planning on drawing your funds from the post-tax at 54? Did you start your post-tax 401k in 1986? Even though these funds are not taxable at time of taking out, you do have requirements on them. Like a percentage that you take, will have to be taken with a taxable amount. The only way to get post-tax 401k $'s free and clear is grandfathered accounts, and that would anything prior to 1/1/1987. </p><p></p><p>I hope you're HR person knows exactly what they are doing with your money. By putting your pre-tax and post-tax 401k in the hands of just an HR person is not really smart. Most companies don't even allow these types of accounts, because they're so difficult to manage.</p></blockquote><p></p>
[QUOTE="gingerkat, post: 1238450, member: 43502"] So you are planning on drawing your funds from the post-tax at 54? Did you start your post-tax 401k in 1986? Even though these funds are not taxable at time of taking out, you do have requirements on them. Like a percentage that you take, will have to be taken with a taxable amount. The only way to get post-tax 401k $'s free and clear is grandfathered accounts, and that would anything prior to 1/1/1987. I hope you're HR person knows exactly what they are doing with your money. By putting your pre-tax and post-tax 401k in the hands of just an HR person is not really smart. Most companies don't even allow these types of accounts, because they're so difficult to manage. [/QUOTE]
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