Ask Terry Questions Deferred comp investments

Deferred comp investments

By Terry Savage on April 09, 2025 | Financial Planning / Retirement

Is there a safe place to move my deferred comp without incurring taxes so I do not loose everything? Currently have 580,000 (was 610,000) in deferred comp investments. I am retired and will need to start withdrawing next year.

Terry Says

You’ll have to ask your company HR department if it’s possible to move your deferred comp. But I doubt it. You can also ask if there is a “safe place” inside the company deferred comp plan to stash your money, without incurring taxes.

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