ST Alpha - "I didn’t think I could withdraw from a 401k without penalty until I got older. -- nm" (Reading a Post)

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In response to "but if you roll it into a 401k, doesn't that just count as a normal contribution that you can then withdraw penalty free? -- nm" by mr mooch

I didn’t think I could withdraw from a 401k without penalty until I got older. -- nm

Posted by Dano (aka dano) Oct 7 '24, 13:29

(No message)

Responses:

59 1/ 2 is the cutoff for the 10% penalty - decline Oct 7, 13:43
i thought the rules were looser than for IRAs but maybe not -- nm - mr mooch Oct 7, 13:31 2
- 457b you can withdraw w/o penalty I think. 403b no. -- nm - ☀️ amandachem ☀️ Oct 7, 13:34
- Nope. Still a mega penalty. -- nm - Dark Callisto 🦊 Oct 7, 13:32

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