If you leave it in retirement, check for a precious metal mutual fund or option. If that is not available (like mine, T.Rowe Price) put in a “stable value” fund.
You can pull it, but will pay heavily in taxes in 2022. If you go this route you would want to invest in precious metals (physical gold or silver), but I would not advise to do it based off taxes alone.
Some retirements let you take loans out on your own money and you pay yourself interest and principal via monthly payment out of paycheck. Typically you can take half (tax free) and do what you want with it, but you do have to pay the amount back. If you took out the money, you could invest if you know what you’re doing in the stock market. If not, you could buy physical gold or silver online or at a pawn shop. You can always sell back as well. You could also buy crypto if you know that market, but something like Bitcoin or Ethereum would be safest.
If you leave it in retirement, check for a precious metal mutual fund or option. If that is not available (like mine, T.Rowe Price) put in a “stable value” fund.
You can pull it, but will pay heavily in taxes in 2022. If you go this route you would want to invest in precious metals (physical gold or silver), but I would not advise to do it based off taxes alone.
Some retirements let you take loans out on your own money and you pay yourself interest and principal via monthly payment out of paycheck. Typically you can take half (tax free) and do what you want with it, but you do have to pay the amount back. If you took out the money, you could invest if you know what you’re doing in the stock market. If not, you could buy physical gold or silver online or at a pawn shop. You can always sell back as well. You could also buy crypto if you know that market, but something like Bitcoin or Ethereum would be safest.