----- Original Message -----
From: Doug White
To: CF-Community
Sent: Tuesday, August 10, 2004 10:37 PM
Subject: Re: 401k question
Only the gain is taxable if you cash in at 59 1/2, that is the amount of value
over and above all contributions.
In my case I left it there until age 65 and rolled it all into an annuity which
pays a monthly income for life.
That together with SS makes for a comfortable retirement income.
----- Original Message -----
From: brobborb
To: CF-Community
Sent: Tuesday, August 10, 2004 10:18 PM
Subject: Re: 401k question
I read that whenu pull your money out when you're 59 or something, that money
is taxable. So why not just put it in a personal savings account?
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