From Our Members: Can I pull out funds before I retire?

Recently, a member emailed the following question to our infobox: "What are my payout options as it relates to my retirement fund? For example . . . if I needed car repairs, could I pull some out for that?" My immediate thought was to respond with a solid "NO," but then I started thinking about situations which allow a member to receive their own contributions before reaching normal retirement age.

Tagged quitting; leaving; terminating; employment, Borrowing, separating from employment

From Our Members: Can I Borrow Money from My LAGERS Account?

 

Tagged Defined Benefit, 401(k), Defined Contribution, Borrowing

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