
Mistakes to Avoid When Taking Withdrawals From Your 401k
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Description
<p>Everything has led to this: You’ve contributed to your 401k, you’re invested the assets, and finally the time has come to withdraw the money. In this episode of <a href='https://bautisfinancial.com/agent-of-wealth-podcast/'>The Agent of Wealth Podcast</a> – the third in a three-part series on 401ks – host <a href='https://bautisfinancial.com/marc-bautis/'>Marc Bautis</a> shares some of the biggest mistakes people make at retirement age, when taking withdrawals from their account(s).</p><p>In this episode, you will learn:</p><ul><li>Various tax implications to consider when creating a withdrawal strategy for retirement.</li><li>Issues to consider before taking a loan from your 401k.</li><li>What Rule 72(t) periodic payments are.</li><li>The six retirement options you have when you leave your job.</li><li>And more!</li></ul><p>Listen to the first part, <a href='https://bautisfinancial.com/episode-116-mistakes-to-avoid-when-contributing-to-your-401k/'>Mistakes to Avoid When Contributing to Your 401k</a>. Listen to the second part, <a href='https://bautisfinancial.com/episode-117-mistakes-to-avoid-when-investing-in-your-401k/'>Mistakes to Avoid When Investing In Your 401k</a>.</p><p>Resources:</p><p>Part 1: <a href='https://bautisfinancial.com/episode-116-mistakes-to-avoid-when-contributing-to-your-401k/'>Mistakes to Avoid When Contributing to Your 401k</a> | <a href='https://bautisfinancial.com/episode-117-mistakes-to-avoid-when-investing-in-your-401k/'>Part 2: Mistakes to Avoid When Investing In Your 401k</a> | <a href='https://calendly.com/d/wyh6-s5jy/introduction-call?month=2022-08'>Schedule an Introductory Call</a> | <a href='https://bautisfinancial.com/'>Bautis Financial</a>: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000</p>