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Re: I think Robert and you would find this interesting
- To: heather Howard <http://www.gmail.com/~hhoward40>
- Subject: Re: I think Robert and you would find this interesting
- From: Robert <http://dummy.us.eu.org/robert>
- Date: Thu, 11 Jun 2020 09:34:49 -0700
- Cc: Noelle <http://dummy.us.eu.org/noelleg>
- Keywords: our-San-Jose-phone-number
Did you ever build you your 6 months of savings (enough to cover costs for
6 months)? That should be priority 1.
After that, there are different directions to go in.
> From: heather Howard <http://www.gmail.com/~hhoward40>
> Date: Thu, 11 Jun 2020 09:25:03 -0700
>
> I am hearing a similar forecast on NPR this a.m. My question is whether I
> should be withdrawing a maximum from my 401 K and parking it in a money market
> account so it is not open to the volatility of future markets. I can withdraw
> up to 100K and not have to pay taxes for up to 3 years — no penalty, only
> federal and state income taxes. This is under the CARES act. When I talked to
> the Fidelity advisor, he encouraged me to keep my money in.
>
> What say you?