Your 401(k) Gift Could Be a Retirement Trap

Helping family with your retirement savings feels right, but large 401(k) withdrawals can come with costly consequences.
Your 401(k) Gift Could Be a Retirement Trap
Not preparing for tax consequences is one of the biggest risks. Dreamstime/TCA
|Updated:
0:00
By Donna Fuscaldo From Kiplinger’s Personal Finance

You just retired and are sitting on a pile of cash in your retirement accounts thanks to a decades-long bull run in the stock market.