In this episode, we’re diving into the details of the Rule of 55—a provision in the U.S. tax code that can offer a lifeline to early retirees looking to access their retirement funds penalty-free. While the Rule of 55 allows those who leave their jobs at or after age 55 to withdraw from their 401(k) or 403(b) accounts without the usual 10% early withdrawal penalty, what about those with a 401(a) plan?

Join us as we break down:

• How the Rule of 55 works for 401(k) and 403(b) plans: Understanding how you can tap into your funds penalty-free if you’ve left your job post-55.
• The distinction with 401(a) plans: Why the Rule of 55 doesn’t typically apply to 401(a) plans and what early withdrawal options may be available.
• Navigating mixed plans: If you hold both a 401(k) o ...