Takeoffsequallandings
Confused about dryer sheets
- Joined
- Oct 21, 2009
- Messages
- 1
I am taking early retirement from my airline at age 57.
A couple of wrinkles, how bad is the penalty before age 59.5,
I am currently on medical but am not taking the airline medical pay, because I have to retire to secure my lump sum distribution (plan is severely underfunded).
I have some debts to pay off from the lump, I know I will take a hit tax wise.
I'm taking the bird in the hand, how best to handle it?
A couple of wrinkles, how bad is the penalty before age 59.5,
I am currently on medical but am not taking the airline medical pay, because I have to retire to secure my lump sum distribution (plan is severely underfunded).
I have some debts to pay off from the lump, I know I will take a hit tax wise.
I'm taking the bird in the hand, how best to handle it?