So my dad had a 401k that he left in my mom’s name, 10 years after they divorced. He has passed 9 years ago and my mom knows the money should have gone to my brother and I. My mom just passed the 59.5 age and she said that she can take the money out and give it to me for a down payment to buy a house.
I’m trying to figure out a way to minimize the taxes that I would pay. It’s going to be around $50k. I am located in Michigan. Thank you in advance.
Submitted January 16, 2020 at 09:53PM by NoACL13 https://ift.tt/38g0Z6U
