What is the Rule of 55?

RetirementWarren TeamPublished April 25, 2026

Quick answer

The Rule of 55 lets you take penalty-free 401(k) withdrawals at age 55 if you leave your job (quit, retire, or get fired) in the year you turn 55 or later. It applies only to that employer's plan.

Rule of 55: age 55 separation unlocks penalty-free 401(k) access.

The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions. Read our disclaimers.

All questions

Get an answer built on your own numbers

Warren reads your accounts, then answers questions like this one with your real income, taxes and goals in mind.

Try Warren Free See a demo