How to Move a 401(k) to Life Insurance | Sapling
sapling.com
How to Move a 401(k) to Life Insurance | Sapling
If you no longer want to use a 401k plan to accumulate money for your retirement, you can take the money out of your 401k and buy a cash value life insurance policy. You must first transfer the funds to an individual retirement account (IRA) in order to avoid incurring penalties from the IRS.
Jan 13, 2017
Life Insurance Benefits
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