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  2. How 401(k) Withdrawals Can Be a Big Mistake - AOL

    www.aol.com/news/2012-10-10-how-401k-withdrawals...

    For instance, if you have major medical expenses that amount to more than 7.5% of your adjusted gross income, then the IRS lets you take money out of your 401(k) to pay those expenses without penalty.

  3. 5 Things To Review in Your Social Security Statement as You ...

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    Here are five things to keep an eye on: Earnings record: You should see a year-by-year earnings record on your statement that details how much income you earned each year you worked. Double-check ...

  4. Experts Explain How To Avoid Becoming Cash Poor with a 401K ...

    www.aol.com/finance/experts-explain-avoid...

    This means most people will need other savings vehicles while contributing for retirement. “The drawback with putting all retirement savings in a 401 (k) is the distributions are taxed at ...

  5. I'm 55 With $1.2 Million in My 401(k). Would Catch-Up ... - AOL

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    A 55-year-old with $1.2 million saved in a 401 (k) probably may forgo their catch-up contributions if they feel comfortable with the potential income their savings will generate in retirement ...

  6. How Much Should I Contribute to My 401(k)? - AOL

    www.aol.com/lifestyle/much-contribute-401-k...

    401(k) Contribution Limits for 2024. Like most tax-advantaged retirement plans, 401(k) plans come with caps on how much you can contribute. The IRS puts restrictions on the amount that you, the ...

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