IRA Rollover

Taxes on income from 401(k) may throw wrench into plan to pay off debt – Boston Globe

February 28th, 2009 by

Taxes on income from 401(k) may throw wrench into plan to pay off debt Boston Globe, United States If you do a rollover to an IRA, however, the only way you can take money out before age 59 1/2 is by exercising another rule called 72(t) which allows you to take money out before age 59 1/2 if you do it in a series of essentially equal payments over a …

Source:Taxes on income from 401(k) may throw wrench into plan to pay off debt – Boston Globe

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This entry was posted on Saturday, February 28th, 2009 at 6:30 am and is filed under IRA Rollover. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.