Because these decisions can be complex, it is wise to seek qualified tax and legal advice.
Is there anything I can to do freeze the accounts or make sure he can't empty them out before I can hire a lawyer or file for dissolution?
So by the time you actually enter retirement, you may have both taxable and tax-deferred resources.
To make the most of your money, does it matter which assets you sell first to create retirement income?
In this article I'll cover when you can take a withdrawal and why you should never take money out of a retirement plan if you can help it.
First, let me back up and briefly explain 401(k) and 403(b) retirement plans.