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To: day10

When can folks pull their money out without penalty?


26 posted on 10/08/2020 10:54:30 AM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000)
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To: WildHighlander57

NO way that I know of. It’s whether you want to take the hit or not.


38 posted on 10/08/2020 11:01:59 AM PDT by day10 (You'll get nothing and like it!)
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To: WildHighlander57

59.5 yrs, still own deferred taxes however


43 posted on 10/08/2020 11:04:52 AM PDT by HangnJudge
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To: WildHighlander57

“When can folks pull their money out without penalty?“

AFAIK, age 59.5


88 posted on 10/08/2020 11:51:25 AM PDT by The Antiyuppie (When small men cast long shadows, then it is very late in the day.)
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To: WildHighlander57

“When can folks pull their money out without penalty?”

I have IRA’s and if they are taxed as 401k’s are then as soon as you reach 70.5 yrs of age you can withdraw whatever you want (there is a minimum you mast withdraw) but it is treated as income and taxed accordingly.


97 posted on 10/08/2020 12:10:25 PM PDT by billyboy15
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