Deferred comp investments
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.