401k 55 year old rule
401k 55 year old rule So I just got laid off from a job: I’m 44 and have about $900k in my retirement and my wife has about $850k in retirement. Mine is about 50/40/10 (former employer 401k, IRA, and Roth IRA) my wife’s is about 80/20 (most in her current 401k). My question: I keep reading that you can withdrawal at 55 penalty free from your last 401k. So is it fool...