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2. 401(k) withdrawal rules: What to know before cashing out ...

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   Based on 401(k) withdrawal rules, if you withdraw money from a traditional 401(k) before age 59½, you will face — in addition to the standard taxes — a 10% early withdrawal penalty. Why?

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

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   Though you may take money out of your 401(k) to use as a down payment, expect to pay a 10 percent penalty. However, take the money from your IRA, and it’s penalty-free. The penalty-free ...

4. How To Withdraw Money From Your 401(k) - AOL

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   You can withdraw up to $1,000 yearly from qualified retirements (401(k), 403(b), 457(b) or IRAs without incurring a 10% tax penalty. Tax Liability . All withdrawals are subject to ordinary income tax.

5. How to withdraw money from a 401(k) early - AOL

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   Before you decide to take money out of your 401(k) plan, consider the following alternatives: Temporarily stop contributing to your employer’s 401(k) to free up some additional cash each pay period.

6. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

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   There are certain circumstances which allow you to make early withdrawals from a 401(k) or an IRA without penalty, but even in those instances the withdrawal is subject to regular income tax. The ...

7. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

   www.aol.com/finance/401-k-ira-hardship...

   For example, qualified first-time homebuyers can take a hardship distribution of up to $10,000 from a 401(k), but they’ll still pay that 10 percent penalty. For IRAs, however, the withdrawal ...