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-   -   401k withdrawal after 59.5 (https://www.askmehelpdesk.com/showthread.php?t=73071)

  • Mar 17, 2007, 01:52 PM
    jagsr1
    401k withdrawl after 59.5
    What is my tax liability if I withdraw from my 401k after 59.5 ?
  • Mar 27, 2007, 03:11 PM
    pbologna
    Quote:
    Originally Posted by jagsr1
    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.

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