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12y ago
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You can start taking out retirement money penalty-free at age 59 and a half. However, there are some exceptions to this rule, such as early retirement or special circumstances like disability, that may allow you to access funds earlier.

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Q: How old do you have to be to take out retirement money?
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How old do you have to be to take advantage of retirement housing?

The minimum age requirement to move into retirement housing can vary but is typically around 55 or 62 years old, depending on the specific community. It's best to check with individual retirement housing facilities for their age eligibility criteria.


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How old are you when you retire?

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I am 69 years old and get a 1099-R form stating my total Retirement for the year. I started getting my Retirement when I was 65. I am still working and earning income. I live in Pennsylvania and was wondering if I need to claim my 1099-R retirement mo?

i think that you should just in case your job closes down. then you will not be able to get the retirement money. its my opinion. yo u can choose to do whatever you want with the money. you can choose to take it or leave it. besides why are you asking us, its your money and job. they could be useful to for paying taxes or whatever you want. like i said earlier, its your money,job,and income.so you can do what ever you want t do with it.


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i would like to withdraw money from my retirement account with valic, what is the procedure on how to do this?