End of tuition, bucket list

MiamiDAP
Mon, 30 Apr 2012 14:20:46 +0000

HImom,
Automatic distribution was supposed to start at 65 in one of my 401K’s. As I have worked for many places, I have several of them. However, I could not find anything about it on their web-site. So, I called them (you should have some phone on any of your statements) and they have researched it while making me waiting forever on a phone, but it was the only negative part. The guy came back and confirm that, yes, they will start automatically at 65, unless I request deferral. He said that I can do it by just saying so on a phone right then. So, I have asked him to put deferral into my account, and he confirmed that he did. No paper work.
I bet you that you can do the same. It is worthwhile to try if you are interested. You can still withdraw whenever you need to do so, but, please, confirm that as different accounts might be set up a bit differently.