• David Martin

Over 70? You Can Wait to Draw Your 401(k)



Thanks to the recent stimulus package, if you are over 70, you now have the option of waiting to withdraw money from your 401(k). Normally those over 70 are required to take an RMD – Required Minimum Distribution – every year.


However, that requirement has been waived for this year. If your investments declined, you may decide not to take a distribution in case the market rebounds. As with any investment, there are risks. Seek the advice of a professional. An investment advisor can help you make an informed decision.


Likewise, if you run into any legal problems with employee benefits, such as your 401(k), seek the advice of an experience retirement lawyer or pension lawyer. We are here to help.

Contact us today for a free initial consultation.

The Martin Law Group is dedicated to being your go-to ERISA attorneys and long term disability lawyers in Alabama and Mississippi. Whether you are pursuing a long-term disability claim, life insurance benefits, or your pension or retirement benefits, we will meet with you face-to-face to discuss your claim at a location convenient for you. 

 

In an effort to make disability claims as easy as possible, we offer a free initial consultation. We often work with clients in Huntsville, Mobile, Birmingham, Montgomery, Dothan, Tuscaloosa, and Florence, in Alabama, as well as with clients in Columbus, Meridian, Jackson, Hattiesburg, Tupelo, and Gulfport, Mississippi, and surrounding areas.

Contact us today for a free consultation.

800-284-9309

info@erisacase.com

Tuscaloosa Office

2117 Jack Warner Pkwy
Suite #1
Tuscaloosa, Alabama 35401
Toll-Free: 800-284-9309
Local: 205-343-1771

Birmingham Office

The WSK Building
2323 2nd Avenue North
Birmingham, Alabama 35203
Toll-Free: 800-284-9309
Local: 205-343-1771
  • Long term disability lawyer
  • ERISA disability lawyer
  • Retirement benefits lawyer

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