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URL:  http://boards.fool.com/questions-15092854.aspx

Subject:  Questions Date:  6/2/2001  3:44 AM
Author:  janicedowden Number:  6849 of 19483

Questions:

(1) Just retired at age 55 - can I withdraw from my 401-K prior to 59-1/2, and not owe 10% penalty, but just pay income tax? (I understand that I WOULD owe 10% penalty if I rolled my 401-K into an IRA, and then attempted to withdraw from IRA prior to 59-1/2.) Answer to this will determine if I leave funds in company 401-K or roll into IRA.

(2) Live in Texas - anyone know of a good health plan that doesn't cost an arm and leg? Husband and I both in good health, but want to cover ourselves against catastrophic illness / hospital bills - maybe by having a large deduct?

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