If a 55 year old employee is laid off work due to downsizing, is there a way to take distributions from the employers plan without incurring a penalty?
Related Questions
- If a new employee has reached the limit for social security taxes with a previous employer in the same year, does the new employer need to take out the tax for both the company and employee?
- If a 55 year old employee is laid off work due to downsizing, is there a way to take distributions from the employers plan without incurring a penalty?
- Does a household employer have to pay social security and Medicare for all household employees if only one employee makes more than $1,300 in the year?