Core Insights - The article discusses the options available for managing a 401(k) with a balance of $1.1 million after retirement, emphasizing the importance of understanding tax implications and investment choices [1][5][17] Group 1: Options for Managing 401(k) After Retirement - Retirees can choose to keep their funds in the existing 401(k), roll them over into a traditional IRA, convert to a Roth IRA, or withdraw the entire amount [5][17] - Each option has distinct tax treatments and investment choices, which should align with the retiree's financial goals and income needs [3][12] Group 2: Tax Implications - Withdrawing the entire $1.1 million in one year would significantly increase taxable income, potentially resulting in a federal tax liability of approximately $401,020.25 [7][8] - A rollover to a traditional IRA allows for tax deferral, while a Roth conversion incurs taxes in the year of conversion but offers tax-free withdrawals later [9][11] Group 3: Investment Strategies - Managing retirement assets directly requires a balanced investment strategy that considers both growth and income generation [13][14] - The choice of investment vehicles, such as dividend-paying stocks or diversified index funds, should reflect the retiree's risk tolerance and withdrawal needs [14]