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401K early withdrawal
Old 10-06-2006, 03:11 PM   #1
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401K early withdrawal

Hi everyone,

I have heard that you can withdraw money out of a 401K plan at age 55 without penalty. Is this true?

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Re: 401K early withdrawal
Old 10-06-2006, 03:13 PM   #2
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Re: 401K early withdrawal

YES, it's true,
but you may have to pay income tax

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Re: 401K early withdrawal
Old 10-06-2006, 03:23 PM   #3
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Re: 401K early withdrawal

So long as it is after your separation from service in or after the year you reached age 55.

No more lawyer stuff, no more political stuff, so no more CYA

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