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

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

   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 ...

3. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   Learn the ins and outs of 401(k) withdrawals and ... due to disbursement rules on 401(k) accounts, you’ll still pay taxes and likely be hit with the penalty if you’re not 59½ with a hardship ...

4. 401(k) Early Withdrawal Penalty: What You Need To Know - AOL

   www.aol.com/401-k-early-withdrawal-penalty...

   Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. Discover More: 4 Unusual Ways To Make Extra Money That...

5. SECURE Act - Wikipedia

   en.wikipedia.org/wiki/SECURE_Act

   Under the SECURE Act, parents can withdraw up to $5,000 from their individual 401(k) or similar workplace retirement savings plans for each new child within one year of the birth or adoption of the child, without incurring the 10% additional penalty tax for taking an early distribution. [9]

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

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

   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. CARES Act - Wikipedia

   en.wikipedia.org/wiki/CARES_Act

   The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.

8. Early withdrawal rules for retirement plans may be too strict ...

   www.aol.com/finance/early-withdrawal-rules...

   The results highlight how many workers need access to their retirement savings before they actually retire. Early withdrawal rules for retirement plans may be too strict, researcher says [Video ...

9. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

   A 401(k) hardship withdrawal is the process of accessing funds in your workplace 401(k) account before retirement age (currently age 59 ½). While there are typically penalties for withdrawing ...