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Can't you begin withdrawals from a 401(k) plan at age 55 without penalty? So if you're planning such withdrawals, wouldn't you want to leave the money in a 401(k) at least until the year in which you reach age 59.5?

You can only begin taking withdrawals penalty-free at age 55 if you separated from that employer at age 55 or older. Doesn't affect most of us. That's why it "almost" becomes a no-brainer. There are still some people who would benefit from keeping the funds in the 401(k).

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