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

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    Some hardship situations qualify for a penalty exemption from an IRA or a 401(k) plan, but note that penalty-free does not mean tax-free: ... taking an early withdrawal from your 401(k) or IRA ...

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

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

    Before you decide to take money out of your 401(k) plan, consider the following alternatives: Temporarily stop contributing to your employer’s 401(k) to free up some additional cash each pay period.

  5. 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 ...

  6. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

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    Hardship: You may be able to take a penalty-free distribution from a 401(k) if you can show an immediate and heavy financial need, according to the IRS. The withdrawal is limited to the amount ...

  7. Substantially equal periodic payments - Wikipedia

    en.wikipedia.org/wiki/Substantially_equal...

    Substantially equal periodic payments (SEPP) are one of the exceptions in the United States Internal Revenue Code that allows a retiree to receive payments before age 59 1 ⁄ 2 from a retirement plan or deferred annuity without the 10% early distribution penalty under certain circumstances. [1]

  8. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

    Retirement plans such as a 401(k) or 403(b) may allow you to take hardship withdrawals. The situation is a bit different for IRA accounts, which permit early withdrawals at any time.

  9. 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. ... That way, if you need to make an early ...

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