<prompt> Human: Just a little info: Government contractor working in Washington DC, started working here last August at 19 years old. Turn 21 at the end of the year. The amount is right around 850, contributed 4 each paycheck. What should i do with the money coming back? Can i avoid it neing taxed?  <response>: Tell them not to withhold anything. You can put it in a traditional IRA or a new 401k within 60 days. 