My late husband’s employer is forcing me to take 10% 401(k) distributions. Help!
9d ago
Business
MarketWatch

A widow is facing pressure from her late husband's employer to liquidate his 401(k) account within 10 years, requiring her to take 10% distributions annually. Financial experts recommend understanding the legal requirements and exploring options like a spousal rollover IRA to potentially avoid immediate tax implications and maintain control over the assets. Consulting with a financial advisor and tax professional is crucial to navigate the complexities and make informed decisions that align with her long-term financial goals.