Jim Chad Posted May 8, 2008 Posted May 8, 2008 Does the retirement age in a 401(k) Profit sharing Plan (with no Joint and Survivor options, or should I say no annuity options?) have any significance other than that is the age when everyone is 100% vested?
J Simmons Posted May 8, 2008 Posted May 8, 2008 It also allows an EE of that age (or older) to make in-service withdrawals. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
masteff Posted May 8, 2008 Posted May 8, 2008 I've seen plans where being "retirement eligible" made certain other withdrawal options available (such as taking partial withdrawals "as needed" versus all-or-nothing lump sums). Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra
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