eastnortheast
Recycles dryer sheets
- Joined
- Oct 26, 2015
- Messages
- 124
Looking to tap into the collective wisdom of the folks here.
A (somewhat) hypothetical question.
My company allows early withdrawl from the 401K plan at age 55 with no penalty as long as you retire from the company.
My question is if you can get another job - even something as benign as a part time job flipping burgers that local McDonalds? Would a person still be able to take penalty free withdrawls from the 401K or does any type of employment (with a different company) negate this?
Thanks!!
A (somewhat) hypothetical question.
My company allows early withdrawl from the 401K plan at age 55 with no penalty as long as you retire from the company.
My question is if you can get another job - even something as benign as a part time job flipping burgers that local McDonalds? Would a person still be able to take penalty free withdrawls from the 401K or does any type of employment (with a different company) negate this?
Thanks!!