Can You Retire 52?

Looking into Can You Retire 52? Read the main facts in simple terms.

YOU'LL BE PENALIZED IF YOU TAP YOUR 401(K) OR TRADITIONAL IRA BEFORE 59½ Retirement income you have in tax-friendly accounts like a 401(k) or traditional IRA are somewhat off limits for younger retirees. Technically, you can take distributions at any time — but doing so before 59½ will trigger a 10 percent IRS penalty.
Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.

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