Hi again, there are different withdrawal rules for IRAs, 401(k) and defined benefit plans. The age 59.5 applies to IRAs, for 401(k) the age is 55. For your DB plan you have to have a certain amount of years combined with
Search for Jeffrey's name on Brightscope under "Advisors" (change the drop down at the top from Financial Q&A to Advisors). Click on Contact Advisor.
I believe you can also track him down at:
If you are thinking of beginning withdrawals from your pension plan, the tax code does charge a 10% penalty for certain withdrawals made before age 59 1/2. However, there are several exceptions to this rule that may
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice.
BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.