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

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

   A 401(k) plan loan allows you to borrow against the balance of your 401(k) plan. If your employer allows plan loans, you can borrow up to $50,000 or 50% of your vested account balance, whichever ...

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

   www.aol.com/withdraw-money-401-k-180046714.html

   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 ...

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

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   401(k) loan. 401(k) loans are generally considered to be a better option than a hardship withdrawal if given the choice, since you’re essentially borrowing from yourself. Not all plans allow 401 ...

6. The pros and cons of taking out a 401(k) loan - AOL

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   Early withdrawals are less attractive than loans. One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties ...

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 ...

8. The Pros and Cons of Withdrawing on Your 401(k) Early - AOL

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   What Are the Exceptions to the Penalty Rules? ... Consider a 401(k) Loan or Hardship Withdrawal Instead. The good news is, early withdrawals aren’t the only option for people who truly need to ...

9. 401(k) Withdrawal Age and Early Withdrawal Rules - AOL

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   Continue reading ->The post 401(k) Withdrawal Age and Early Withdrawal Rules appeared first on SmartAsset Blog. Once you reach age 59.5, you may withdraw money from your 401(k) penalty-free. If ...