Posts Tagged ‘raid’

Don’t raid retirement to raise child

Wednesday, May 27th, 2009

Dont raid retirement to raise child

Dear Dr. Don,
I lost my job at end of March and I have to decide both what to do with my 401(k) and my lump-sum retirement money.
Several years back, we had to decide between two plans for retirement — one was getting the money at 65 (or whenever you retire) and the other was taking a lump sum at the time you leave the company.

Since I had not been there very long, I decided

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