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Investors may start withdrawing funds from their 401(k) at age 59 1/2 and must start taking annual minimum distributions starting at age 70 1/2, explains The Motley Fool. During each withdrawal year, investors must withd... More »

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Owners of 401(k) accounts can make penalty-free withdrawals any time after age 59 1/2, although they must pay income taxes on the distributions unless they roll the money into other retirement accounts within 60 days. Mo... More »

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IRA owners must initiate yearly withdrawals, known as required minimum distributions, once they reach 70 1/2 years old, reports the Internal Revenue Service. Failure to withdraw required minimum distributions when they a... More »

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Among the Internal Revenue Service rules about 401(k) plans include that the maximum allowable contribution for 2015 is $18,000 and distributions before the participant reaches the age of 59 1/2 are subject to an additio... More »

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Retired account holders age 59 1/2 and over can make withdrawals from IRA accounts without penalty, although the funds are subject to income tax, reports About.com. Working IRA account holders must consult account admini... More »

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Roth 401(k) withdrawals are either qualified or unqualified, depending on the age of the account holder and the number of years since the first contribution, explains Investopedia. The earnings portion of unqualified wit... More »

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The minimum age to begin taking withdrawals from a traditional IRA is 59 1/2 years old, advises the Internal Revenue Service. Minimum withdrawals are mandatory when individuals are 70 1/2 years old, even if they are not ... More »

www.reference.com Business & Finance Financial Planning