The IRS rule 72t “equally substantial distribution” provides a means to access retirement savings that are currently in a 401k, 403b, or IRA retirement savings plan prior to age 59 1/2 without incurring the 10% penalty. Here is how it works. If the money you would like to access is in a 401k or 403b [...]
Wow this video is awesome and a real eye opener, presented in 2009 on CBS News 60 Minutes by Steve Kroft. It shows in many ways how the 401k system has failed the American people, especially those nearing retirement or currently in retirement. Although there is an enormous amount of credible data to support rolling [...]