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59.5 years old

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13y ago

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Related Questions

How old are you when you retire?

It depends. Normal retirement age is at 65, but you can start to take money out of your retirement plan without penalty at age 59 1/2.


When filing bankruptcy can the gov take you retirement money?

No, retirement accounrts (ERISA qualified) are protected from seizure.


How long does it take to get your money from the provident fund?

When you reach retirement age or when you resign


Did Ronald Reagan ever take or borrow money from a railroad retirement fund?

No. I doubt that he ever even had any access to railroad retirement funds.


How old do you have to be to start putting money in your retirement fund?

There is no minimum age to start your retirement fund but there is a minimum age to start using that money. The sooner you start saving the better off you'll be later on in life!


What is a Roth IRA and how can one go about investing in one?

IRA stands for individual retirement account. A Roth IRA is a retirement account that you put money into in order to invest. The money you put in has already been taxed on your income tax returns. You put money in, invest it, it grows(hopefully), and when you take it out at retirement, the gains on your investments don't get taxed. If you take it out before retirement, however, there are tax penalties, so don't take it out. You can get a Roth IRA for free from most banks and online stock trading companies. Roth IRA's are different from Traditional 401k's in that you put money in a Traditional 401k through your employer pre-tax and the gains get taxed when you take it out at retirement.


Can you take out your 401k retirement early if you need the money?

401K retirement plans are meant to accumulate money throughout the years by interest free deposits. You can withdraw money from your 401K fund if needed, however, their is usually a large penalty fee.


How old do you have to be to take advantage of retirement housing?

You have to be consider retired or in retirement age to take advantage of retirement. The age of retirement is different depending on what year you were born. You can typically retire as early as 59.5 years.


How much money do you need for retirement?

How much money do I have in my retirement plan in surfing stone


How do you Get information on your Retirement money from care corporation?

How do you get information's on your retirement money from care corporation that you work for.


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.


What is my rate of return to retirement?

The rate of return is how much you will be making after you take the money out of your retirement plan. Typically the taxes will be around 40% so if you have 1 million, then you will get 600 k. Check the rate of return for your retirement fund.