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  2. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    Generally, if you withdraw money from a 401(k) before the plan’s normal retirement age or from an IRA before turning 59 ½, you’ll pay an additional 10 percent in income tax as a penalty. But ...

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

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

    You can withdraw up to $1,000 yearly from qualified retirements (401(k), 403(b), 457(b) or IRAs without incurring a 10% tax penalty. Tax Liability . All withdrawals are subject to ordinary income tax.

  4. 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 ...

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

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    The IRS demands that the 401(k) withdrawal is the last resort. ... carefully if you intend to withdraw your money while avoiding the 10 percent bonus penalty. 5 ways to minimize taxes on 401(k ...

  6. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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    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 ...

  7. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    This pre-tax option is what makes 401(k) plans attractive to employees, and many employers offer this option to their (full-time) workers. 401(k) payable is a general ledger account that contains the amount of 401(k) plan pension payments that an employer has an obligation to remit to a pension plan administrator.

  8. 401(k) Withdrawals Made Simple: What Age Can You Go Tax-Free?

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    The minimum age for penalty-free withdrawals from your 401(k) account is 59 ½, and the IRS requires retirees to start making withdrawals by age 73. There are some caveats to this age restriction.

  9. Here's How You Can Tap Your 401(k) Early - AOL

    www.aol.com/heres-tap-401-k-early-103600465.html

    More specifically, the rule allows you to take a penalty-free withdrawal from the 401(k) plan of the sponsoring employer you're separating from at age 55 or later.

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