Solved: Is it necessary to setup equal periodic payments when withdrawing from 401k at 55 after separation from company, or can I withdraw what is needed through the year?
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Is it necessary to setup equal periodic payments when withdrawing from 401k at 55 after separation from company, or can I withdraw what is needed through the year?

 
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Is it necessary to setup equal periodic payments when withdrawing from 401k at 55 after separation from company, or can I withdraw what is needed through the year?

There is no early withdrawal penalty for a 401(k) for leaving employment at age 55+, so take out whatever you want.

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Level 15

Is it necessary to setup equal periodic payments when withdrawing from 401k at 55 after separation from company, or can I withdraw what is needed through the year?

There is no early withdrawal penalty for a 401(k) for leaving employment at age 55+, so take out whatever you want.

View solution in original post

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