Pulling Funds from Your 401K

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Business, Self-improvement, Education, Money, Real Estate, Investing

4.6 • 858 Ratings

🗓️ 13 March 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Logan and Allie dive into the tax consequence of pulling money out of your 401K. They also touch on strategies for tax management when living outside of the US.

Transcript

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0:00.0	Hey, this is Daniel. Thanks for listening to DIY Money. If you haven't already, be sure to give us a five-star review on iTunes so your friends know that they can learn from the show. Now, enjoy the show.
0:15.5	Welcome back, ladies and gentlemen, to another edition of DIY Money.
0:19.2	DIY Money. What's up?
0:21.2	A. How what?
0:22.5	I, the sun is shining and I'm finally getting geared up for summer.
0:26.1	Okay.
0:27.0	So I've just booked my first set of concert tickets for 2020 for summer.
0:34.5	Do you love concerts?
0:35.8	I didn't for a while. Like, I mean, everyone likes concerts, I think, but I didn't for a while like I mean everyone likes concerts I think but I didn't
0:41.4	really get the hype of it okay until I started going with friends like in college
0:46.4	because in high school we would go to like Rupp Arena and see winter jam I don't
0:52.8	know I don't remember what concerts I went to but i didn't really go to
0:55.6	any big like festivals or anything my new obsession that's actually a little bit of too strong of a
1:02.4	word it's not an obsession but i really enjoy have you ever been to river bend yeah in cincinnati
1:07.5	outside concert venue where it's like an amphitheater. Yes.
1:16.1	So I've been scouting out Riverbend for who all's coming because they have big names that come through there.
1:16.5	They have massive names that go through, yeah.
1:18.0	And so I'm trying to figure out how many concerts I'm going to allow myself to go to
1:22.2	and who I'm going to take with me.
1:23.7	What kind of music do you listen to, A. Havard?
1:26.8	A little bit of everything.
1:28.6	In the summer, I love country because it just gives me the right vibe.
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.