Confusing to me, if a person leaves a job at 55, can he take his 401K funds without penalty? Does the plan administrator have to code the 1099 differently? Where is good, clear explanation on this problem?
tks all
bill
========================================= MODERATOR'S COMMENT: Yes, see page 30 of
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this applies, the plan administrator should code box 7 of form 1099Ras 2 until you reach age 59 1/2