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  2. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

    www.aol.com/finance/8-ways-penalty-free...

    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 ...

  3. Here's How You Can Tap Your 401(k) Early - AOL

    www.aol.com/heres-tap-401-k-early-103600465.html

    More specifically, the rule allows you to take a penalty-free withdrawal from the 401(k) plan of the sponsoring employer you're separating from at age 55 or later.

  4. 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 ...

  5. Suze Orman Explains the Important Rules Around 401(k) Early ...

    www.aol.com/finance/suze-orman-explains...

    “The government tacks on a 10% penalty for early withdrawals made from traditional IRAs and 401(k)s before the account owner is age 59½,” Orman wrote. ... new rules stipulate that you can ...

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

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

    Normally, any withdrawals from a 401(k), IRA or another retirement plan have to be approved by the plan sponsor, and they carry a hefty 10% penalty. Any COVID-related withdrawals made in 2020 ...

  7. How to withdraw money from a 401(k) early - AOL

    www.aol.com/finance/withdraw-money-401-k-early...

    You can withdraw your contributions (that’s the original money you put into the account) tax- and penalty-free. But you’ll owe ordinary income tax and a 10% penalty if you withdraw earnings (i ...

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