Ask Terry Questions Rolling profit shares over

Rolling profit shares over

By Terry Savage on October 31, 2020 | Financial Planning / Retirement

I am thinking about retiring I have profit shares about 200.000 how do I go about rolling this over so I won’t be taxed I am 74 .Thanks You

Terry Says

That depends on the terms of your company’s profit-sharing plan. Ask them, and then consult your tax advisor.

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