Guest jetfaninmn Posted April 3, 2007 Posted April 3, 2007 A participant is 64. He is a new enrollee to a Roth 401(k) plan. If he defers to the Roth in the plan, for the first time at age 64, when can he remove his money without the penalty (a tax free distribution). Is it at age 69?
Jim Chad Posted April 4, 2007 Posted April 4, 2007 Probably, yes. But remember it is based on 5 calendar years.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now