Olbidness
Recycles dryer sheets
Has anyone left a job short of being 55 years old and searched for a new job based mainly on the prospect of rolling over a 401K balance.
With the retirement money in the new job 401K I could then retire at 55 and avoid the 10 percent penalty for early withdrawal. It would be necessary to look at the fees and rules of the new plan to make a informed decision.
I know about the 72T option but that locks in a specific amount to withdraw for 5 years.
With the retirement money in the new job 401K I could then retire at 55 and avoid the 10 percent penalty for early withdrawal. It would be necessary to look at the fees and rules of the new plan to make a informed decision.
I know about the 72T option but that locks in a specific amount to withdraw for 5 years.