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2. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

   To prove hardship for a 401 (k) hardship withdrawal, you first need to tell your 401 (k) plan administrator about your immediate and heavy financial need. This may require submitting documentation ...

3. How To Withdraw Money From Your 401(k) - AOL

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

   A 401(k) withdrawal may seem far away when you open the account, but the time comes for everyone. It may happen when you’ve retired or reached a certain age, or it might be when an emergency ...

4. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

   A hardship withdrawal allows the owner of a 401(k) plan or a similar retirement plan — such as a 403(b) — to withdraw money from the account to meet a dire financial need.

5. 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 ...

6. 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 ...

7. Withdrawing IRA or 401(k) Money Early? 8 Ways To Avoid Penalties

   www.aol.com/withdrawing-ira-401-k-money...

   “Medical expenses only qualify for a hardship withdrawal if they exceed 7.5% of the owner’s adjusted gross income,” said Kevin Chancellor, a financial planner/advisor and CEO and founder of ...

8. 8 ways to take penalty-free withdrawals from your IRA ... - AOL

   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 ...

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

   www.aol.com/retirement-rules-401-k-hardship...

   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...