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  2. What is the rule of 55 and how does it work? - AOL

    www.aol.com/finance/rule-55-does-162351698.html

    Taking a distribution from a tax-qualified retirement plan, such as a 401(k), prior to age 59½ is generally subject to a 10 percent early withdrawal tax penalty. However, the IRS rule of 55 may ...

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

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

    As an example, if you are in the 24% tax bracket and you withdraw funds from your 401(k) early, you should expect to owe approximately 34% — 24% tax bracket plus 10% penalty — on the ...

  4. What Is the Rule of 55, and How Does It Work? - AOL

    www.aol.com/news/rule-55-does-155449580.html

    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you’ll ...

  5. How Can I Tell If the Rule of 55 Applies to My Retirement ...

    www.aol.com/does-rule-55-apply-retirement...

    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll ...

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

    www.aol.com/finance/withdraw-money-401-k-early...

    Unless you’re 59 1/2 or older, the IRS will tax your traditional 401(k) withdrawal at your ordinary income rate (based on your tax bracket) plus a 10 percent penalty. If you’re tapping a Roth ...

  7. What Is the Rule of 55 for Retirement? - AOL

    www.aol.com/finance/rule-55-retirement-180901303...

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  8. Rule of 55 vs. 72(t): What You Need to Know About Retirement ...

    www.aol.com/finance/rule-55-vs-72-t-125500363.html

    If you have a 401(k) at work, you might follow the Rule of 55 … Continue reading → The post Rule of 55 vs. 72(t): Retirement Plan Withdrawals appeared first on SmartAsset Blog.

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

    www.aol.com/finance/50-old-man-used-obscure...

    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.

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