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Are You Nearing Retirement?
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“Ready to shift into reverse?”

After decades of making plan contributions are you ready to reverse the process and start taking income? Some plans allow you to elect to receive scheduled withdrawals directly from the plan. You choose how much to receive and how often … for instance monthly or quarterly. You may be able to change that amount once a year, or more frequently depending on the plan.

Pros and cons of this option
Next steps

 


“Don’t take income until you need it.”

You’re not required to take distributions until age 70 1/2. So, if you’re making ends meet with what you have, hang tight. It’s best to let money continue to compound and grow tax-deferred as long as you can.


Pros/Cons
Next steps


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Advisory services provided through ING Financial Advisers, LLC (member SIPC).
This information is not intended to be tax or legal advice. ING does not offer tax or legal advice. Consult your own legal or tax advisor regarding your specific situation.
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