early retirement penalty

If I turned 59 1/2 mid-year in 2025, does do all of my 2025 payments get penalized?

posted

No. The withdrawals that occurred after turning 59.5 would not be penalized for a 401K withdrawal. However, it is possible that if you left your job where you had a 401K after turning 55, and made the withdrawals from that account, you would not be penalized on that withdrawal either.

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