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2. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

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   5 ways to avoid taking early withdrawals on your 401(k)s and IRAs. James Royal, Ph.D. January 10, 2024 at 8:57 AM ... Hardship: You may be able to take a penalty-free distribution from a 401(k) if ...

3. 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 ...

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

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   Here are the ways to take penalty-free withdrawals from your IRA or 401 (k) 1. Unreimbursed medical bills. The government will allow investors to withdraw money from their qualified retirement ...

5. 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. ... avoiding foreclosure, or taking withdrawals after leaving your job at age 55 or older. But in most cases, expect to pay the ...

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

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   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. How To Get Around the 401(k) Withdrawal Penalty - AOL

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   There are only a few ways to avoid the 10% penalty for withdrawals taken if you’re 59 ½ or younger. ... By withdrawing your retirement assets early, you miss out on the tax-deferred growth ...