Are there circumstances in which I can withdraw money from the retirement plan without paying a 10 % tax penalty?
• There may be some cases where the 10% early withdrawal penalty does not apply*: • Distributions made after you attain the age of 59 ½ • After separation from service after attainment of age 55 • Approved disability • Distributions made on account of your death • Distributions for certain medical expenses may possibly be exempt from the penalty * You should consult your accountant, tax attorney, or other qualified financial adviser before making a withdrawal from the plan.
