Episode 235

The IRS Rule of 55 | Emergency Benefits For Ages 55+

Withdrawing from your 401k without the 10% penalty in the IRS Rule of 55. 

In today's Better Wealth Breakdown, Dan and I talk about the IRS Rule of 55 which states after you turn 55 and up to 59 years old you can withdraw money from your 401k or 403b if you are laid off, fired, or quit your job without the 10% penalty. Listen as we break down the catches,  restrictions, benefits, options, and possibilities. We are not giving investment advice please be sure to consult your investment advisor or your tax professions.

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About the Podcast

Show artwork for BetterWealth with Caleb Guilliams
BetterWealth with Caleb Guilliams
Helping People See And Reach Their Highest Potential