At the company I retired from a year ago, the fully vested time was 6 yrs but it was progressive during those 6 yrs. Also had a policy that the only way you could get at it was to either reach age 62 or terminate employment. If you terminate employment they had a full year in which to give it to you, and used every bit of it. If you retired or just requested it at age 62 it took about a week. You could keep working and still draw it all out and roll it over without paying tax. I got mine out as soon as possible and rolled it over into my own IRA. By law they could make their retirement age where ever they want. Government sets min at 59 1/2 but there is no maximum. It's completely up to the individual plan what age they choose to let you have it. I get to laugh last because at my present retired income level, I can draw out $10,000 a year and owe no income tax on it, which I will do just to get it out. It draws less than 2% int and no one is going to use my money for free. Yes they will make it a PITA whenever they can.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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