You’ve put in long hours at the office for years, saved diligently even during the hard times and raised your children to be independent adults.  Now, with early retirement quickly approaching, you know that your planning has finally paid off.

But before you set out for some wild adventure, there might be some unfinished business you need to consider as an early retiree.  

It is important to continue nurturing your retirement nest egg, even after you’ve quit work. In order to do so, you will need to decide how to deal with it in a tax-efficient and financially prudent manner, especially if you are retiring early.  

Instead of withdrawing all your retirement plan assets from your employer-sponsored plan such as a 401(k), you may want to consider rolling all or part of it directly into a tax-deferred traditional IRA.



For the complete story, see the Friday, June 29 edition.

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