gregory r.
Dryer sheet aficionado
- Joined
- Jun 25, 2014
- Messages
- 41
Unfortunately I have be released by mega corp after a re-org last month, happily though, I have joined yet another mega corp. I'm familiar w/the rule of 55 with 401k's and that it applies to the last corp you were with upon retirement. My query is this; I have a sizable 401k with the company I'm now leaving (regular pre-tax 401k) and am allowed to leave it with Vanguard in the current 401k status. The corp I'm going to offers both regular 401k and Roth version. I'm 55.5 y.o. and plan to exit at 58 if all goes well. Would the rule of 55 still apply to my old 401k traditional plan even if I sign up for the new ROTH 401k under new mega corp seeing as there are differing IRS rules/regs on these?
Any bits of wisdom appreciated.....
Any bits of wisdom appreciated.....