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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (6489)11/17/2010 4:15:49 PM
From: deeno  Read Replies (1) of 34328
 
not sure but......

"There is a rule/law that people over 55 can take a one-time distribution from a qualified plan (my 401k is one) without penalty, but would have to pay regular income taxes on the distribution."

if you do this and pay the taxes.....

you cant do this..

"roll the rest either into the existing IRA, a new IRA, or a ROTH.'
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