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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement side hustle and tax right off
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<blockquote data-quote="oldngray" data-source="post: 4909022" data-attributes="member: 45230"><p>What are you trying to say? No penalty if you leave the Teamster and roll it over into another plan? Correct. But you can't just withdraw the money without paying the penalty if you don't roll it over. For most people it is probably better to leave the 401k since you are no longer actively contributing and other plans have better investment options.</p></blockquote><p></p>
[QUOTE="oldngray, post: 4909022, member: 45230"] What are you trying to say? No penalty if you leave the Teamster and roll it over into another plan? Correct. But you can't just withdraw the money without paying the penalty if you don't roll it over. For most people it is probably better to leave the 401k since you are no longer actively contributing and other plans have better investment options. [/QUOTE]
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Retirement side hustle and tax right off
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