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  Topic: 401k early withdrawal penalty
Pascal666

Replies: 10
Views: 23660

Post image iconForum: Retirement Planning   Posted: Fri Jun 28, 2013 3:56 pm   Subject: 401k early withdrawal penalty
Still employed with the company the 401k is through.

So if a company writes their 401k such that employees can't pull any money out without penalty until they are over 90, that is legal? They can ...
  Topic: 401k early withdrawal penalty
Pascal666

Replies: 10
Views: 23660

Post image iconForum: Retirement Planning   Posted: Fri Jun 28, 2013 6:08 am   Subject: 401k early withdrawal penalty
I've found several websites that say if you are younger than 59.5 you may face an early withdrawal penalty from a 401k of 10%. I assumed this meant if you are over 59.5 there would be no penalty. Af ...
 
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