Distributions from 401(k)s, 403(b) , pension plans and other employer plans are subject to a 10% early distribution penalty, unless an exception applies. One of the exceptions is the age 55 penalty exception rule. Listen to this podcast to understand when it applies and when it does not.
An explanation of the age 55 exception to the 10% early distribution penalty rule. Less than 5 minutes. MP3 File
