Question

 How to Take Equal Periodic Payments From a 401(k) Without a Tax Penalty?

Answer Under normal circumstances, you will face a 10 percent tax penalty if you choose to take money out of your 401k early. But, if you roll the money in your 401k over into an IRA account, you can set ... Read More »
http://www.ehow.com/how_7363655_equal-payments-401_k_-tax-penalty.html

Top Q&A For: How to Take Equal Periodic Payments From a 401(...

When can I take distributions from an IRA without incurring a penalty?

Avoid the IRA 10-percent penalty tax by withdrawing funds after age 59 1/2 and after your IRA is at least two years old. People younger than 59 1/2 can still avoid the tax if distributions are used... Read More »
http://www.answerbag.com/q_view/2227360

When can you take out your ira without a penalty?

A person can begin taking money from an IRA at the age of 59 1/2 without penalty. Money can be taken out of an IRA before this age without incurring the 10 percent penalty if the individual meets c... Read More »
http://www.answerbag.com/q_view/1908409

What is a 401k hardship withdrawal penalty?

A 401k plan is a tax-deferred retirement account that may be offered by your employer to help you save for retirement. Contributions to your 401k account are tax-deductible and the money grows tax-... Read More »
http://www.answerbag.com/q_view/1948397

Can I borrow money from a 401k without telling my spouse?

On One Hand: 401k Plans Are for IndividualsA 401k plan is titled in the name of one investor only. As such, only the named investor has the right to take loans or withdrawals or otherwise direct th... Read More »
http://www.answerbag.com/q_view/1985748


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