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I believe the age is actually 55, not 52. You also have to be sure that you're Plan allows for periodic withdrawals. Most 401(k) Plans only allow one time lump sum distributions. You should check with you're Human Resources Department and ask them. Or ask for a copy of the Plan document and check the withdrawal provisions to see if periodic withdrawals are allowed in yo're 401(k). If not, roll the money over into an IRA and then withdraw as needed. I'm pretty sure you will be subject to the 10% penalty if you withdraw before age 59 1/2. Good Luck.
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