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  2. 8 ways to take penalty-free withdrawals from your IRA ... - AOL

    www.aol.com/finance/8-ways-penalty-free...

    Further, you can take more than one penalty-free withdrawal to buy a home, but there is a $10,000 limit. For example, says Rothstein, “You can do two $5,000 withdrawals, but $10,000 is the ...

  3. Roth IRA Withdrawals: Avoid Penalties and Maximize Your ... - AOL

    www.aol.com/roth-ira-withdrawals-avoid-penalties...

    If you are under 59½, you can’t withdraw the funds without penalty for five years after the conversion. Keep in mind that the 5-year rule applies to each conversion.

  4. COVID Relief: Penalty-Free 401(k) & IRA Withdrawals - AOL

    www.aol.com/finance/covid-relief-penalty-free...

    As part of the CARES Act, which was passed in 2020, there is a provision temporarily amending the rules for taking early distributions from retirement savings plans, including 401(k) plans and ...

  5. Roth IRA Withdrawal Rules and Penalties You Probably Don't ...

    www.aol.com/finance/roth-ira-withdrawal-rules...

    So if you've contributed $5,000 to a Roth IRA and the balance has grown to $6,000, you can take out that initial $5,000 at any time without penalty. But you can't touch that $1,000 until you hit ...

  6. IRA Early Withdrawal Rules and Penalties for 2024 - AOL

    www.aol.com/ira-early-withdrawal-rules-penalties...

    A man researching the requirements to qualify for an IRS exception to make an early IRA withdrawal without penalty. ... You can withdraw up to $10,000 to help with a first-time home purchase.

  7. 7 key IRA withdrawal dates for taxpayers: How to take ... - AOL

    www.aol.com/finance/7-key-ira-withdrawal-dates...

    The Roth IRA five-year rule says you can only withdraw earnings tax-free from your Roth IRA once it’s been at least five years since the tax year you first contributed to a Roth IRA. The rule ...

  8. How to withdraw retirement funds: Learn 9 smart ways - AOL

    www.aol.com/finance/withdraw-retirement-funds...

    If you’re at least 59 ½ years old, you’ll be able to take distributions from retirement plans without getting hit with a 10 percent early withdrawal penalty.

  9. Tax-Free IRA Withdrawals: Is It Possible? - AOL

    www.aol.com/avoid-paying-taxes-ira-withdrawals...

    You will have to pay a penalty of 10% on both types of accounts if you withdraw before you are 59 1/2. There are some hardship exceptions regarding the early withdrawal penalty and taxes.

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