I Was Forced To Retire At 58, Can I Recive Monthly Payments From My 401K To Pay My Mortgage With Taxes And Insurances For A Set Amount Of Time?
I was forced into retirement at age 58 due to my health.
I was forced into retirement at age 58 due to my health.
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You should contact your local social security office and see if you can recieve supplemental security income (ssi) until you are of the age for your 401k. This will save the penalty of early withdraw that some programs have.
answered 1 year ago
Thank you, I have found no penalty if older than 55 and retired. Only if you are still working and not 59 1/2.
answered 1 year ago
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