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2. 5 Unknown Consequences of Withdrawing Early From Your 401(k)

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   “The IRS charges a 10% penalty tax for early 401(k) withdrawals. ... CFP and former Merrill Lynch advisor now at ... Taking an early 401(k) withdrawal should be an absolute last resort after ...

3. How to plan your retirement withdrawal strategy: 4 smart ...

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   You can tap into these accounts penalty-free once you’re 59 1/2 or older. Before that, you’ll face a 10% early withdrawal penalty. ... Dig deeper: 401(k) withdrawal rules: What to know before ...

4. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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   6. First-time homebuyers. Though you may take money out of your 401 (k) to use as a down payment, expect to pay a 10 percent penalty. However, take the money from your IRA, and it’s penalty-free ...

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

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   But you should also know that there may be a way to access your 401(k) penalty-free prior to age 59 1/2. It's called the rule of 55 and may be something you can use to your advantage. How the rule ...

6. 401(k) withdrawal rules: What to know before cashing out ...

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   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 ...

7. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

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   Hardship: You may be able to take a penalty-free distribution from a 401(k) if you can show an immediate and heavy financial need, according to the IRS. The withdrawal is limited to the amount ...