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  2. 401(k) withdrawal rules: What to know before cashing out ...

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

    Learn the ins and outs of 401(k) withdrawals and potential penalties before ... rules is the rule of 55. If a 401(k) plan participant leaves their employer in the year they turn 55 or older and ...

  3. Here's How You Can Tap Your 401(k) Early -- Without a ... - AOL

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

    While the rules of 401(k) ... This year, it's $23,000 if you're under age 50 or $30,500 if you're 50 or older. ... the rule allows you to take a penalty-free withdrawal from the 401(k) plan of the ...

  4. 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 ...

  5. COVID Relief: Penalty-Free 401(k) & IRA Withdrawals - AOL

    www.aol.com/covid-relief-penalty-free-401...

    Normally, any withdrawals from a 401(k), IRA or another retirement plan have to be approved by the plan sponsor, and they carry a hefty 10% penalty. Any COVID-related withdrawals made in 2020 ...

  6. 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.

  7. Substantially Equal Periodic Payments (SEPP), explained - AOL

    www.aol.com/finance/substantially-equal-periodic...

    Avoid the 10 percent penalty: While the IRS generally imposes a 10 percent penalty on early withdrawals from retirement accounts, SEPP plans are an exception (among some others). Disadvantages of ...

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