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Who came up with 59 1/2 for 401k withdrawals?

Posted on: December 11, 2018 at 13:03:27 CT
Nebraska99 STL
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Why not just 59 or 60? Why the 1/2? Seems odd to me.
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Who came up with 59 1/2 for 401k withdrawals? - Nebraska99 STL - 12/11 13:03:27
     I believe it had to do with the "reasonable retirement age" - Domino MU - 12/11 13:23:14
     Steve Ronderick... a congressional aide (nm) - lqf2b8 MU - 12/11 13:18:16
          Steve.....figures(nm) - Mormad MU - 12/11 15:29:46
     2 sides arguing 60 vs 59 and they compromised?(nm) - Joeboo MU - 12/11 13:07:05
          Well that clearly didn't happen any time recently, then (nm) - MrBlueSky MU - 12/11 13:14:03
               the modern political compromize would have been to - Joeboo MU - 12/11 13:15:10
                    lmao (nm) - 90Tiger MU - 12/11 13:17:17




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