Guest LBH Posted May 19, 1999 Posted May 19, 1999 may a participant make a distribution from his 401k plan after he reaches normal retirement age but is still working? what if the plan doesn't allow for pre-retirement distributions (normally 59 1/2)?
MWeddell Posted May 19, 1999 Posted May 19, 1999 A 401(k) plan may allow distributions after a participant attains age 59-1/2 but is not required to do so. Assuming the participant in question has not yet reached age 70-1/2, there are no legally mandated in-service withdrawal options.
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