NOW PLAYING: 5 News Evening Edition 5:00 PM - 6:30 PMWATCH NOW!
National News | Closings | Funerals | HighScore | Monday's Most Wanted | Local Jobs | TV Listings | Lottery | Bio's | Mix 104 Radio | More ›
The Truth About Money With Beacon Wealth Management
Written by Your 5News Team
Last updated on November 07, 2013 @ 7:00PM
Created on November 07, 2013 @ 5:18PM

I am 57-years-old and just retired, I have a 401k and an IRA account.  Can I take income out of these plans without paying the early 10% penalty?

Disclosure: This is for informational purposes and should not be construed as tax, legal or financial advice.  Please contact your tax, legal or financial advisor in regard to your financial situation.

WDTV on Facebook
WDTV on Twitter
WDTV on YouTube
Contact WDTV
WDTV Mobile App