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To: Enlightened1

I have always been like Eeyore every election year and especially on election eve.

I always expect the absolute worst, but hold out a little hope.

I find myself thinking of what to do money wise (eg. IRA, 401K, my kids 529, etc...) when or if Biden wins. Should I pull it all out and take the hit tax in hopes of having something for my family when I’m gone ... or is it too late for that.

I won’t be looking at the computer or listening to the radio for a few days after tomorrow night.


17 posted on 11/02/2020 5:39:24 PM PST by CapnJack
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To: CapnJack
I find myself thinking of what to do money wise (eg. IRA, 401K, my kids 529, etc...) when or if Biden wins. Should I pull it all out and take the hit tax in hopes of having something for my family when I’m gone ... or is it too late for that.

Honestly, I think things have gone so far that, if Biden were declared the winner, there would be no point in spending time thinking about your money. Instead, it would be time to start thinking about surviving and addressing a dictatorship.
33 posted on 11/02/2020 5:47:38 PM PST by fr_freak
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To: CapnJack
"I find myself thinking of what to do money wise (eg. IRA, 401K, my kids 529, etc...) when or if Biden wins. Should I pull it all out and take the hit tax in hopes of having something for my family when I’m gone ... or is it too late for that."

No need to take it out, if that's what you want. Most plans have cash equivalent funds you can choose.

64 posted on 11/02/2020 6:37:27 PM PST by mlo
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