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

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

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

  3. What Is the Rule of 55 for Retirement? - AOL

    www.aol.com/finance/rule-55-retirement-180901303...

    The rule of 55 states that you can withdraw funds from your current job’s 401 (k) plan without the 10% tax penalty if you leave that job when you are age 55 or older. This IRS provision allowing ...

  4. I'm 55 with $600,000 in savings — can I retire early in ...

    www.aol.com/finance/im-55-600-000-savings...

    I'm 55 with $600,000 in savings — can I retire early in America with just my 401(k) and Social Security? Christy Bieber. June 2, 2024 at 7:14 AM. ... and withdrawals from 401(k) ...

  5. Retirement Savings: Here’s How Much You Need To Retire by 55

    www.aol.com/much-retire-55-190017308.html

    Imagine you want to draw $60,000 per year from your savings starting at age 55. If your money is uninvested and just sitting in cash, you should plan on saving at least $2.1 million, as that will ...

  6. $2 Million Will Last You This Long if You Retire at 55 - AOL

    www.aol.com/2-million-enough-retire-comfortably...

    For example, you can calculate an $80,000 return for your $2 million retirement fund. As a result, your income at 55 will be $6,666 per month. Then, you’ll increase this amount by 3% this year ...

  7. How Can I Tell If the Rule of 55 Applies to My Retirement ...

    www.aol.com/does-rule-55-apply-retirement...

    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you’ll ...

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