cindytax
Returning Member

55 yo and Unemployed. Can I access my 401K without penalty?

Hi There, 

I was separated in May from my employer and turned 55 in September.  

- Can I access my 401K without penalty?

- Am I restricted to which 401Ks I can access (does it have to be only the one from my most recent employer)?

- If I find work and I'm re-employed, can I still access the 401K without penalty?