Q: I turned 59 in October 2010. Can I take out of my 401(k) in January 2011 without a penalty?
A: Yes, if you retired during or after the year in which you reached age 55.
Withdrawal penalty
0
Share.
About Author
Mike Miles
Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.