Tag Archives: investment retirement account

Aug 10, 2017

Is There an Optimal Strategy for Withdrawing Funds From a 401(k) Savings Account?

Conventional wisdom tells us to maximize our contributions to a 401(k) account and to grow the balance as much as possible for retirement. However, we may not have considered the decumulation side of retirement income.  If one waits till reaching the age of 70 ½, when the 401(k) balance is larger, he/she may face a…

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