SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: KHS who wrote (20544)4/15/1999 5:10:00 PM
From: betty moyers  Respond to of 23519
 
You don't have to be 60 BUT you must have left the money in for 5 years which obviously could not have been done yet.



To: KHS who wrote (20544)4/15/1999 6:00:00 PM
From: Joe Reich  Read Replies (1) | Respond to of 23519
 
You have to be 59 1/2, to be exact. I'm 46 1/2, so for the next 13 years, my little nest egg grows exponentially, with no tax implications. I guess I'll have to live off the 1/4 of my VVUS holdings in my cash account til then. I believe I can still "borrow" the money for 60 days once every twelve months, with no penalty as long as it's replaced within the 60 days. Also, I think I can tap it for college tuition for the kids. I'd rather leave it alone anyway til I retire. Than I'll spend half of it on wine, women, and song, and spend the other half foolishly.

Regards,

Joe