If I want to withdraw the entire amount of money I have in LASERS at age 68 will there be a penalty? And would I have to pay tax? If so, at what percentage?

Dwayne Stepter | Mar 1, 2022 | Category: Government office in Baton Rouge, Louisiana

Louisiana State Employees' Retirement System - All questions

Address: 8401 United Plaza Blvd, Baton Rouge, LA 70809, USA

Louisiana State Employees' Retirement System | Mar 1, 2022

Hi Dwayne, For this question, we suggest that you call us at 225.922.0600 (local) or 800.256.3000 (toll free) and speak with a representative. Thank you!

Reg D | Mar 1, 2022

Hello Dwayne. Yes, there will be a penalty. Lasers can tell you the percentage.

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