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Short Term Disability // Long Term Disability
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<blockquote data-quote="Catatonic" data-source="post: 941843" data-attributes="member: 7966"><p>I agree with your general advice here but the belief that you cannot withdraw from your 401k before age 59 1/2 is not correct.</p><p>You can begin to withdraw at 52 or any point up to 59 1/2. However, you must set up a payment plan in advance for the intervening period. The payments must be monthly and equal and must be set up for life.</p><p></p><p>See this for all the exceptions: <a href="http://www.rolloveraid.com/401kwithdrawal.htm" target="_blank">401k Penalty Free withdrawal before age 59 1/2</a></p></blockquote><p></p>
[QUOTE="Catatonic, post: 941843, member: 7966"] I agree with your general advice here but the belief that you cannot withdraw from your 401k before age 59 1/2 is not correct. You can begin to withdraw at 52 or any point up to 59 1/2. However, you must set up a payment plan in advance for the intervening period. The payments must be monthly and equal and must be set up for life. See this for all the exceptions: [url=http://www.rolloveraid.com/401kwithdrawal.htm]401k Penalty Free withdrawal before age 59 1/2[/url] [/QUOTE]
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