Agree with others about putting your 401K into an annuity. No one should advise to put all your money into this product. Annuities can be a useful piece of your retirement nest-egg or in some cases where there is not enough to last for a lifetime, the guarantee payments are meaningful. However the cost of the annuity may be equal to or greater than what you would pay the IRS for the minimum annual distributions.
Seek out a good professional to advise you. One place to start if you do not have one is to start at your credit union or bank.
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