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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: MoonShadow on September 10, 2015, 05:13:05 PM

Title: 401k rollover into another company 401k...
Post by: MoonShadow on September 10, 2015, 05:13:05 PM

If I roll over my existing 401k into my current company 401k, can I still claim those older funds as part of the 401k if I use the 55-and-out early retirement rule?

Title: Re: 401k rollover into another company 401k...
Post by: seattlecyclone on September 10, 2015, 05:19:19 PM

I think so.

Title: Re: 401k rollover into another company 401k...
Post by: MDM on September 10, 2015, 10:12:08 PM

http://www.401khelpcenter.com/401k_education/Early_Dist_Options.html would concur: "...if you still have money in the plan of a former employer and assuming you weren't at least age 55 when you left that employer, you'll have to wait until age 59½ to start taking withdrawals without penalty. Better yet, get any old 401k's rolled into your current 401k before you retire from your current job so that you will have access to these funds penalty free."