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Subject:  401k withdrawal with no penalty Date:  12/29/1998  8:41 PM
Author:  wrndln Number:  7742 of 127549

I have a 401k with a former employer that I am considering rolling over into an IRA. If I do that, I would have to wait until 59 1/2 before I can make unrestricted withdrawals. What is the earliest date that money can be withdrawn from a 401k without incurring a 10% penalty? I'm am talking about unrestricted withdrawals. Is it the same as IRA's - 59 1/2?


Rusty Nelson
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