ziggy29
Moderator Emeritus
Depends on how much you have in the account and how much you need.a huge negative for me is the 55 or 59.5 age requirement on pretax accounts. the 72t is of little value as long as the fed maintains the ridiculously low interest rates.
For June 2010 the maximum rate for ESPP is 3.45%. On a $500K TIRA that could bring in as much as $1,900 a month at age 50. Granted that's not going to be enough for most folks to live on, but it might be enough combined with a part-time j*b, or enough to let one spouse stop working and deal with the homefront while the other brings in the paycheck and the health insurance, or to allow someone to leave a job they hate in order to take one they'd prefer to have that pays less.