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sapling.com
How to Move a 401(k) to Life Insurance | Sapling
If you no longer want to use a 401k plan to accumulate money for your retirement, you can take the money out of your 401k and buy a cash value life insurance policy. You must first transfer the funds to an individual retirement account (IRA) in order to avoid incurring penalties from the IRS.
Jan 13, 2017
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