Don't think so but could be wrong. Believe it depends on how the company sets it up. Since we can retire from the company with a minimum fifteen years service at age 55, perhaps they were allowed to move the 401K non-penalty withdraw date to the same age. Don't know for sure but indeed it works. Unlike some of the others, I strongly encourage 401K contributions. With a lot of help from that asset, I was able to purchase farming parcels ranging from $1000-2300/acre and in this area they are now bring as much as $10,000/acre. Might not be able to duplicate this in today's enviroment, but the future is uncertain and if the opportunity again surfaces, a significant 401K nest egg would be a great enabler.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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