Retired 3 years ago, I'm 67 years old. Can I withdraw or transfer my 401 k without penalty?
Retired 3 years ago, I'm 67 years old. Can I withdraw or transfer my 401 k without penalty?
Yes! You may take withdrawals without penalty, though assuming this is not a Roth 401(k) you will owe ordinary income taxes on it. And you can always roll your 401(k) over to an IRA with taxes or penalties - this is true regardless of age.
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