does having a 401k that pays out take the place of the 16,000 usd need in account for DTV application? or would i have to transfer it to a savings account and let it sit. tia
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TLDR : Answer Summary
The consensus in the comments is that having a 401k that pays out does not substitute for the $16,000 USD requirement needed for the DTV application; the funds need to be in a savings account.
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