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How the Rule of 55 Affects Roth 401(k) Withdrawals

Planning for retirement isn’t always straightforward—especially if you’re thinking about retiring early. If you have a 401(k), the IRS Rule of 55 might let you take money out without paying a 10% early withdrawal penalty. This can help bridge the gap b…

Planning for retirement isn’t always straightforward—especially if you’re thinking about retiring early. If you have a 401(k), the IRS Rule of 55 might let you take money out without paying a 10% early withdrawal penalty. This can help bridge the gap between leaving your job and turning 59½.  But what happens if your account is […]

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