money lifetime planner help RRS feed

  • Question

  • Lifetime planner wants to penalize me 10% for early withdrawal on my 401k and 403b plans because I'm not 59 1/2 yet. That's not the law. You can withdrawal early if you leave the company(retire) and start withdrawling.

    Is there a bypass or something for this?

    Wednesday, October 12, 2011 10:59 PM

All replies

  • Probably not, though I have never looked. LP is relatively simplistic and some finer points, like SEPP withdrawals are probably not covered. I'd try to "fake it out" by creating, say, a fake new income that puts the 10% back in.

    Friday, October 14, 2011 1:20 PM
  • ahh, good idea
    Sunday, October 16, 2011 3:44 PM