sepp

Did you know that you can use a 72t distribution to get early access to your 401(k) or most any other retirement account before age 59-1/2 ... WITHOUT having to pay a penalty? One of the biggest obstacles we face when we're saving for retirement is the rule that we have to wait so long in order to finally use it. For years, I had a goal to retire early (long before age 60). But I was completely stumped by how I was actually going to be able to take money out of it. I remember being in my young 20's and thinking "what good is using a 401(k) if I have to wait almost 40 years to get my money back out"? Fortunately, not only did I wise up and realize that saving your money in a 401(k) is a hell of deal (when you look at how … [Read more...] about How to Use a 72t Distribution to Get Money Out of Your 401(k) and Retire Early!