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

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    Early withdrawals from a 401(k) will likely present long-term financial downsides. Usually withdrawing from your 401(k) prior to turning 59 1/2 results in a 10% early withdrawal penalty. The ...

  3. 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?

  4. 401 (k) Withdrawals Made Simple: What Age Can You Go ... - AOL

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    The rule of 55 is a set of guidelines that allows you to make penalty-free withdrawals from your 401(k) early if you leave your job after the age of 55. This enables early retirees to free up some ...

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

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    Making an early withdrawal from your 401(k) might sound like a tempting idea — after all, it is your money. But once you know the ramifications, you may feel differently. There are two types of ...

  6. Do 401(k) Withdrawals Before I Turn 73 Count Toward My ... - AOL

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    You can also reduce, avoid or delay taking RMDs until after the usual effective age of 73 by using 401(k) funds to buy special annuities, converting 401(k) funds to a Roth account that is not ...

  7. 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 ...

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  9. Worried about outliving your savings? 5 retirement withdrawal ...

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    The 4% rule says to take out 4% of your tax-deferred accounts — like your 401(k) — in your first year of retirement. Then every year after that, you increase your retirement withdrawals by the ...

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