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2. Pros and cons of government 457(b) retirement plans - AOL

   www.aol.com/finance/pros-cons-government-457-b...

   Early distributions, those before age 59 ½, from 457(b) plans are not subject to the usual 10 percent penalty if the employee has separated from the service of the plan’s sponsor. There’s a ...

3. 457 plan - Wikipedia

   en.wikipedia.org/wiki/457_plan

   The key difference is that unlike with a 401(k) plan, it has no 10% penalty for withdrawal before the age of 55 (59 years, 6 months for IRA accounts) (although the withdrawal is subject to ordinary income taxation).

4. Types of retirement plans and which to consider - AOL

   www.aol.com/finance/types-retirement-plans...

   Pros: Plan participants can withdraw as soon as they are retired at any age, they do not have to wait until age 59 ½ as with 401(k) and 403(b) plans. Cons : 457 plans do not have the same kind of ...

5. Can I Roll My 457(b) Retirement Plan Into an IRA?

   www.aol.com/finance/roll-457-b-retirement-plan...

   However, any distributions taken before age 59.5 from the IRA may incur a 10% early withdrawal penalty. Benefits of Rolling a 457(b) Plan Into an IRA. Rolling a 457(b) plan into an IRA can provide ...

6. IRS Grants Retirement Account Holders Ability to Withdraw ...

   www.aol.com/irs-grants-retirement-account...

   Final IRS rules on a feature of the Secure 2.0 Act, make it possible for people under age 59 ½ with tax-deferred retirement accounts to take up to $1,000 per year from the plans without owing ...

7. Ask an Advisor: We Want to Retire Before Age 59 ½. How ... - AOL

   www.aol.com/ask-advisor-wife-want-retire...

   Without these exceptions, money you take out before age 59 ½ will be subject to regular income taxes plus a 10% early withdrawal penalty. Those penalties can add up and more quickly deplete your ...

8. 6 Strategies to Help Lower RMD Taxes - AOL

   www.aol.com/finance/6-strategies-help-lower-rmd...

   RMDs are amounts you're obligated to withdraw from certain tax-advantaged retirement plans, including: Traditional IRAs. SEP IRAs. SIMPLE IRAs. 401(k) plans. 403(b) plans. 457(b) plans. Profit ...

9. Retirement Steps You Should Take, Broken Down By Age - AOL

   www.aol.com/retirement-steps-broken-down-age...

   If you leave your current employer, you may be able to take penalty-free 401(k) withdrawals from that employer’s retirement plan after this age. Age 59 1/2. Withdrawals from IRAs no longer incur ...