You would probably be better off rolling the money into an IRA and then withdrawing what you need and only pay taxes on that amount. Remember, if you withdraw the whole amount and pay taxes on it, it will put you in a very high bracket. Then if you reinvest it in a taxable account, you will have to pay taxrs on any dividends, and capital gains tax on any appreciation you see in the portfolio. I would roll it over, then pay taxes on the amount withdrawn. This should be in a lower bracket because you will be retired.Hope this helps.Bill
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