The Rule of 55 Explained
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The Rule of 55 Explained
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YouTubeCarson Enterprise Retirement Education Cente…
7.2K views · 61 reactions | Not many companies offer “Rule of 55” where you can withdraw 401k at age 55. Ask your plan administrator. Federal law allows penalty free 401k and IRA withdrawals at age 59.5. You still pay taxes on it! Many pay for Obamacare with 401k money until age 65 Click here for my FREE cheat sheet, workshop, and more! linktr.ee/medicaremama | The Medicare Family | Facebook
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