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  2. I'm Getting Divorced This Year at 55 With $800k in a 401(k ...

    www.aol.com/im-getting-divorced-55-800k...

    Typically, you will keep that $300,000. The remaining $500,000 might be considered a marital asset and be distributed between you and your spouse. You might then agree to split that money 50/50 ...

  3. How To Get Around the 401(k) Withdrawal Penalty - AOL

    www.aol.com/around-401-k-withdrawal-penalty...

    Divorce. If the assets in your 401(k) are subject to a qualified domestic relations order and need to be divided due to a divorce, the funds can be moved into an account for your former spouse ...

  4. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

    A 401 (k) hardship withdrawal is the process of accessing funds in your workplace 401 (k) account before retirement age (currently age 59 ½). While there are typically penalties for withdrawing ...

  5. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Criminal law. Evidence. v. t. e. Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for a person's future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift ...

  6. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    Individual retirement account. An individual retirement account [1] ( IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  7. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.

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