jagsr1
Mar 17, 2007, 01:52 PM
What is my tax liability if I withdraw from my 401k after 59.5 ?
pbologna
Mar 27, 2007, 03:11 PM
What is my tax liability if I withdraw from my 401k after 59.5 ?
Orinary income taxes on all distributions, but no 10% early withdrawal penalty since over 59.5. may consider taking a loan from your 401k and avoid tax consequences.