http://www.paidtwice.com/2009/01/26/things-ive-learned-losing-a-parent/#comment-78651 Hogan Wed, 28 Jan 2009 03:08:59 +0000 http://www.paidtwice.com/2009/01/26/things-ive-learned-losing-a-parent/#comment-78651 I am sorry to hear about your loss. Before you roll the 401K over to an IRA please review the distribution rules. I believe your mother may be able to access a 401K at 55 without a penalty if she needs the money sooner. If you have it in an IRA you will pay a penalty prior to 59.5. However, please check the rules, I just wanted to make you aware of all your options. I am sorry to hear about your loss. Before you roll the 401K over to an IRA please review the distribution rules. I believe your mother may be able to access a 401K at 55 without a penalty if she needs the money sooner. If you have it in an IRA you will pay a penalty prior to 59.5. However, please check the rules, I just wanted to make you aware of all your options.

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