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re: 401k 55 rule?

Posted on 7/10/25 at 10:37 pm to
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89299 posts
Posted on 7/10/25 at 10:37 pm to
quote:

I’ll jump to the catchup when I hit 50 but I think it only raises it by $1000.


yes. the catchup for 401ks are way better than roths, they do this for a reason.
Posted by Tschool
Zachary
Member since Jan 2004
141 posts
Posted on 7/11/25 at 6:39 am to
Roth conversion ladder with 5 years plus of brokerage assets is the way
Posted by notsince98
KC, MO
Member since Oct 2012
21413 posts
Posted on 7/11/25 at 8:22 am to
quote:

From what I've read, the rule of 55 is an IRS provision that applies to all 401k plans.

What is specific to each 401k plan is if it allows partial distributions.


Thanks! this is what I had been looking for for a long time. I knew there was an option that was required but I could never find what exactly that option was.
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