Rule of 55 against 72(t): Withdrawals from the pension plan

rule of 55 against 72t

Deciding when withdrawals from your retirement plan should be made is important in determining how long your money will last and what you will pay in taxes for those distributions. If you have a 401(k) at work, you can track Rule of 55 if you plan to retire early. And if you’re saving in an IRA, you can apply Rule 72

Source link