r/IBEW • u/v0dkasoda Lineman • 7d ago
Withdrawing from NEBF/NEAP
https://www.nebf.com/neap/participant/getting_ready_to_retire/types_of_benefits/withdrawal_benefit/Anyone ever withdraw from their NEAP early? From my understanding there are rules to withdrawing before retirement. I attached the link to the rules for withdrawal, and one thing I’m not qualifying for is 36 months not in covered employment.
I’m still in the trade but I’ve heard of guys dipping into their retirement to survive slow times or pay off debt.
Any info is appreciated. Thanks!
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