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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19222  
Subject: Re: profit sharing plan Date: 3/28/2000 4:16 PM
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Greetings, Woody, and welcome. You asked:

<<Can ya'll please help me with a rather simple question.I have been fortunate to have worked at a company that has contributed 15% of my annual salary to a profit sharing plan.The question: can I draw periodic payments from my plan and to continue to work for my company...>>

That depends on both your age and on the provisions of your plan. In many it's possible to make an in-service withdrawal after reaching a certain age (never younger than age 55, and usually the normal retirement age as defined by the plan). Ask your HR benefits administrator what your plan allows.

Regards..Pixy
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