The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Early Withdrawl of 401(k)||Date: 6/10/1998 11:36 AM|
|Author: AverageFool||Number: 3697 of 75340|
I would like to point out to you that, it is possible
to draw funds from retirement accounts without paying
penalty even if you are not yet 59 1/2!!!! Are you
surprised? What you need to do is set up a payment
schedule to withdraw. Two points. Once you do that,
you may not be able to put money into the account in
the future. Also, once you set it up, you must continue
to withdraw money every year.
Hope that helps!!
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|