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

   www.aol.com/covid-relief-penalty-free-401...

   Essentially, if you needed cash, you could take up to $100,000 from your retirement plan, even if you are under the normal minimum age of 59.5, without being assessed the 10% penalty charged on ...

3. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

   Generally, if you withdraw money from a 401(k) before the plan’s normal retirement age or from an IRA before turning 59 ½, you’ll pay an additional 10 percent in income tax as a penalty. But ...

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

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

   You can withdraw earnings tax and penalty free if you meet these two conditions. A non-qualified withdrawal applies to withdrawing earnings when you are under 59½ and the account has been open ...

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

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

   The post IRA Early Withdrawal Rules and Penalties appeared first on SmartReads by SmartAsset. ... above 7.5% is exempt. You can withdraw money to cover health insurance expenses if you’re ...

6. 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 ...

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

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

   Continue reading → The post How Can I Avoid Paying Taxes on IRA Withdrawals? appeared first on SmartAsset Blog. ... You can early withdraw up to $10,000 from an IRA without penalties if you ...

8. A new law lets you pull $1,000 from your retirement fund for ...

   www.aol.com/finance/now-tap-retirement-account-1...

   But a recent change in tax law makes it easier than ever to tap into your retirement account for $1,000 in case of emergency, penalty-free. Typically, an early withdrawal from a tax-advantaged ...

9. A 50-year-old man used an obscure IRS rule to withdraw $20K a ...

   www.aol.com/finance/50-old-man-used-obscure...

   By leveraging this rule, Cooper successfully withdrew $20,000 annually from his IRA without incurring the 10% early-withdrawal penalty. The withdrawal bucks conventional wisdom about taking money ...