The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/quotyou-can-tap-your-401k-at-age-55-wo-11627262.aspx

Subject:  Re: Retirement at 55 Date:  12/8/1999  1:23 PM
Author:  pauledst Number:  16006 of 78166

"You can tap your 401(k) at age 55 w/o penalty. Further, you can avail yourself of ยง72(t)(2)(A)(iv) "substantially equal periodic payments" to withdraw from your IRA's at any age w/o penalty."

Badger is correct. It is also called ruling 89-25 and you can get a copy from the IRS, it's about a page long. I am using it as the basi