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Brown Cafe UPS Forum
UPS Union Issues
401k at 59 1/2
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<blockquote data-quote="Red Headed Stranger" data-source="post: 5794738" data-attributes="member: 90351"><p>Ive Gotta Package 4U is 100% correct. Much better to just quit putting money into your 401k rather than taking a withdrawal. Save the withdrawal for an emergency situation. Also, most people don't realize how quickly a 401k withdrawal on top of your salary + spouse's salary = much higher tax bracket for the year.</p></blockquote><p></p>
[QUOTE="Red Headed Stranger, post: 5794738, member: 90351"] Ive Gotta Package 4U is 100% correct. Much better to just quit putting money into your 401k rather than taking a withdrawal. Save the withdrawal for an emergency situation. Also, most people don't realize how quickly a 401k withdrawal on top of your salary + spouse's salary = much higher tax bracket for the year. [/QUOTE]
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