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  2. Retirement Savings: 7 Drawbacks of Using Only a 401(k) - AOL

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    When it comes to retirement planning, 401(ks) are often touted as one of the best ways to prepare for that day when you are no longer drawing a work-related income. While 401(k)s have many ...

  3. New Retirement Rules Make 401(k) Hardship Withdrawals ... - AOL

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    The new retirement rules, part of the $1.7 trillion funding bill President Joe Biden is set to sign into law, will make so-called 401(k) hardship withdrawals easier. This comes amid a record-high...

  4. There Are More 401(k) and IRA Millionaires Than Ever in 2023 ...

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    In total, 727,104 Fidelity clients hold retirement accounts that are now posted in seven figures, or just slightly less than 2% of the firm’s 37 million Individual Retirement Account and 401(k ...

  5. Morningstar Says This Brokerage Account Can Help You ... - AOL

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    Many Americans save for retirement through 401(k)s. These accounts offer tax-deferred benefits, which means that your money can grow tax-free until you make a withdrawal. But for those who don't ...

  6. Millions of Americans are set to lose a popular 401(k ...

    www.aol.com/finance/millions-americans-set-lose...

    The switch is more than a mere name change, as traditional 401(k) and Roth IRA accounts are very different retirement vehicles with distinctly different tax advantages and considerations.

  7. How To Build Up Your 401(k) Balance From Scratch - AOL

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    So, if you have a yearly income of $50,000 and you deposit $2,500 into your retirement account, your company would add an additional $1,250.” He said to think of it as bonus money. “It’s ...

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