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My plan doesn't even allow hardship withdrawals for retirees. All or nothing. I'll go the 72t route as that was the plan all along. Guess I gotta hire a CPA. Thanks

That's what I thought but I read somewhere that if you fully retire at or after age 55 you don't need to use 72t for penalty free withdrawals. I quess that's only if your employer allows 401k withdrawals which mine definately doesn't. Do you know if I can do an annual 72t withdrawal for 2007...

My first post. I retired at age 56 on June 1, 2007. I would like to begin annual 401k withdrawals to supplement my pension income. My 401k is still with my old employer who doesn't allow withdrawals so I know I have to convert to an IRA but here's where the confusion starts. In order to...