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    jagsr1's Avatar
    jagsr1 Posts: 1, Reputation: 1
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    Mar 17, 2007, 01:52 PM
    401k withdrawl after 59.5
    What is my tax liability if I withdraw from my 401k after 59.5 ?
    pbologna's Avatar
    pbologna Posts: 2, Reputation: 2
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    Mar 27, 2007, 03:11 PM
    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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