Thanks for asking the question.
What's the goal for this insurance? Is it to build cash value for the children to use later in life? Have you had an analysis done on the policies to project out how long they will last based
They may have moved your money to the new 401k provider, left it at the old 401k provider or cashed it out and sent you a check for the proceeds. If the account balance is less than 2500, they dont need your permission to
Generally speaking… when you turn 65. However, every plan is different and some allow you to begin distributions much earlier. Possibly as early as 55. Pensions payouts are generally taxable as current income.
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