It's a Gas

[cyrano]

My AltaVista 401K is going away. No surprise there, I expect. Vanguard wants to know what I want to do with my money--find another 401K, put it in an IRA, or take the money and pay the 20% tax on it. I'm leaning toward 'take the money and run' at the moment.

More travel update:

23 Feb--leave for SLC from work.

* If I can get a ride to work from somebody that would be handy. Otherwise, CalTrain.
* Anybody headed to Seattle for the wedding who can take my suit would also be appreciated.

24 Feb--SLC to IDA on the earliest flight.

* Not much in formal plans--it's IDA. See the parents. Enjoy the pastoral scene. Have the dogs bark at me.

26 Feb--SLC to PDX on the earliest connections manageable. Planning to arrive around nine in the morning.

* Will probably rent a car. Crash with Jess.
* Trip to Powell's pretty definite in there.
* Dinner at Chang's on the 28th, would love to see Jess, Kia and Luana there with or without children.

28 Feb--After dinner, up to Olympia to meet Sage and re-meet Z.

29 Feb--In the morning, drive up to Seattle.

* Wedding in the evening of the 29th.
* People to possibly see: Larry, Kira, James, Kirby, Soula.

01 Mar--Flight on Alaska back to San Jose.

02 Mar--General Election and working at the polling station at Chrittenden.

03 Mar--Back to work, you!

Comments

[cyranocyrano.livejournal.com]

Vanguard said they'd be pulling 20% of it up front. Dunno what further tax penalties there would be on it. Right now it's about $8K and I /think/ Vanguard would set me up with an IRA if I asked them. Dunno what additional troubles that would cause.
I am, to some extent deliberately, ignorant of 'important' financial concerns. I'm trying not to let that kill me here.

[mallen.livejournal.com]

If you're comfortable with Vanguard as a management company, then I'd strongly encourage you to consider opening a regular (non-company related) retirement account (an IRA) with them and rolling your money over into that account so it'll continue to be tax sheltered.

I know you're all for wealth redistribution, but if you cash it out as you discussed, a hefty chunk is going into the Bush Junta/Iraq Death Machine, so in my opinion, you'd be wise to keep it for yourself at the moment.

I may be a Right Wing Death Beast, but I speak your lingo, comrade. ;-)