Can You Take Qualified Plan Distributions Before Age 59 ½?Submitted by Wealth Management Services Group LLC on June 12th, 2017
Have you used qualified plans like IRAs, 401(k) accounts, annuities and more to save for retirement? You’re not alone. These accounts are popular because they allow you to accumulate assets without paying taxes on the growth. In most cases, you avoid taxes until you take distributions. In the case of a Roth IRA, you may never pay taxes on your growth or distributions.