jetfaninmn
Apr 3 2007, 09:56 AM
A participant is 64. He is a new enrollee to a Roth 401(k) plan. If he defers to the Roth in the plan, for the first time at age 64, when can he remove his money without the penalty (a tax free distribution). Is it at age 69?
Jim Chad
Apr 4 2007, 07:46 AM
Probably, yes. But remember it is based on 5 calendar years.