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

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    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 ...

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

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    Advantages: The primary benefit is avoiding the 10% early-withdrawal penalty, preserving more of your retirement savings. Disadvantages : SEPP withdrawals must be maintained for the required duration.

  4. Gen X Is Coming Up on an Important Retirement Milestone ... - AOL

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    You cannot withdraw earnings penalty-free until you've turned 59 1/2 and have had the account for at least five years. Those with 401(k)s may be able to access some of their retirement savings ...

  5. Here are the rules for accessing your $1,000 - AOL

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    The IRS wants you to know about a simple way to access $1,000 fast — interest-free and penalty-free. ... ½ years old to avoid a 10% penalty for early withdrawals. ... retirement account can put ...

  6. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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    The same rules apply to a Roth 401(k), but only if the employer’s plan permits. In certain situations, a traditional IRA offers penalty-free withdrawals even when an employer-sponsored plan does ...

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

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    A hardship withdrawal allows the owner of a 401(k) plan or a similar retirement plan — such as a 403(b) — to withdraw money from the account to meet a dire financial need.

  8. I Used to Be Overwhelmed by Retirement Account Options - AOL

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    A 401(k) plan. Traditional 401(k) plans are employer-sponsored retirement plans, which means they are only available to employees of a company that has signed up to use a 401(k) service as an ...

  9. How Can You Withdraw Money From a Retirement Account? 5 ... - AOL

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    Saving for retirement is only part of the process of ensuring financial security during your golden years. The other part is planning how and when to withdraw funds from your retirement savings...

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