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how to opt out of the 401k ..?
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<blockquote data-quote="Catatonic" data-source="post: 535380" data-attributes="member: 7966"><p>You are correct:</p><p>If you're age 55 or older and you permanently leave your job, then you can begin tapping it immediately without owing the 10% penalty. This is called the "separated from service" exception. It doesn't matter if you quit, retire or are fired. In fact, you could even begin working someplace else. But remember: Even when the 10% penalty doesn't apply, you'll still owe income taxes on your withdrawals.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 535380, member: 7966"] You are correct: If you're age 55 or older and you permanently leave your job, then you can begin tapping it immediately without owing the 10% penalty. This is called the "separated from service" exception. It doesn't matter if you quit, retire or are fired. In fact, you could even begin working someplace else. But remember: Even when the 10% penalty doesn't apply, you'll still owe income taxes on your withdrawals. [/QUOTE]
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how to opt out of the 401k ..?
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