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-   -   How much can be withdrawn from 401k traditional account every year? (https://www.askmehelpdesk.com/showthread.php?t=537827)

  • Dec 26, 2010, 04:41 PM
    compiler
    How much can be withdrawn from 401k traditional account every year?
    How much can a retiree withdraw from his 401k traditional account every year, any amounts or there are minimum and maximum amounts limits required by the IRS? Thank you for your answer.
  • Dec 27, 2010, 06:10 AM
    ebaines

    There is no maximum withdrawal limit (up to the value of the account, of course). As for a minimum withdrawal requirement - there is a minimum withdrawal you must take once you reach age 790-1/2, based on life expectancy. If you need details on that, see this site:
    Understanding the IRA Withdrawal Rules - Personal Finance - Taxes - SmartMoney.com

    But prior to age 79-1/2 you are not required to take a withdrawal.

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