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401K vs saving for farmland
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Farmboy170
Posted 1/28/2019 06:18 (#7278101 - in reply to #7278014)
Subject: RE: 401K vs saving for farmland


NJ
I’m no accountant but can’t you roll some of the 401k to an ira and then roll that to a Roth IRA? You probably can’t do the whole amount and will have to pay tax on it when it rolls to Roth IRA but you can use the principle in a Roth for whatever you please whenever you want penalty free.
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