Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, March 29, 1994 TAG: 9404260160 SECTION: NATIONAL/INTERNATIONAL PAGE: A2 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
An incorrect figure was given on Monday's Money Page for the age at which a person can withdraw money from a 401(k) or other retirement plan without paying a 10 percent penalty in addition to taxes. The minimum age to avoid the penalty is 59.
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It was incorrectly stated in a Money Page story on March 21 that no discounts are available for buying into mutual funds. A person investing $50,000 or more in one fund can qualify for volume discounts.
Memo: ***CORRECTION***