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

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

   Essentially, if you needed cash, you could take up to $100,000 from your retirement plan, even if you are under the normal minimum age of 59.5, without being assessed the 10% penalty charged on ...

3. Roth IRA Withdrawals: Avoid Penalties and Maximize Your ... - AOL

   www.aol.com/roth-ira-withdrawals-avoid-penalties...

   You can withdraw earnings tax and penalty free if you meet these two conditions. A non-qualified withdrawal applies to withdrawing earnings when you are under 59½ and the account has been open ...

4. 8 ways to take penalty-free withdrawals from your IRA ... - AOL

   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 ...

5. 7 key IRA withdrawal dates for taxpayers: How to take ... - AOL

   www.aol.com/finance/7-key-ira-withdrawal-dates...

   The Roth IRA five-year rule says you can only withdraw earnings tax-free from your Roth IRA once it’s been at least five years since the tax year you first contributed to a Roth IRA. The rule ...

6. IRA Early Withdrawal Rules and Penalties for 2024 - AOL

   www.aol.com/ira-early-withdrawal-rules-penalties...

   You can avoid the 10% penalty if you’re withdrawing money for a reason that the government deems as an exception. Here are eight situations when you could qualify for a penalty exemption from ...

7. Tax-Free IRA Withdrawals: Is It Possible? - AOL

   www.aol.com/avoid-paying-taxes-ira-withdrawals...

   Continue reading → The post How Can I Avoid Paying Taxes on IRA Withdrawals? appeared first on SmartAsset Blog. ... You can early withdraw up to $10,000 from an IRA without penalties if you ...

8. How to withdraw retirement funds: Learn 9 smart ways - AOL

   www.aol.com/finance/withdraw-retirement-funds...

   “As much as 70 percent of your hard-earned retirement funds can be eaten up by income, estate and state taxes,” says IRA guru Ed Slott, author of the retirement-planning books “Fund Your ...

9. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

   www.aol.com/finance/5-ways-avoid-taking-early...

   There are certain circumstances which allow you to make early withdrawals from a 401(k) or an IRA without penalty, but even in those instances the withdrawal is subject to regular income tax. The ...