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  2. 401(k) Withdrawals Made Simple: What Age Can You Go Tax-Free?

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    The minimum age for penalty-free withdrawals from your 401(k) account is 59 ½, and the IRS requires retirees to start making withdrawals by age 73. There are some caveats to this age restriction.

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

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    Once you’ve owned the Roth 401 (k) for at least five years and are at least 59 ½ years old, you can withdraw both contributions and earnings without penalty or tax. Just be careful here because ...

  4. 401(k) withdrawal rules: What to know before cashing out ...

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

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    So if they need the money for other hardship reasons (such as a principal residence, tuition or funeral expenses), account owners will still end up paying the 10 percent penalty tax. 4. Focus on ...

  6. How to plan your retirement withdrawal strategy: 4 smart ...

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    1. Your current and future tax brackets. Where you fall on the tax bracket ladder now and where you might be in the future can help shape your withdrawal strategy. This is especially true for ...

  7. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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    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 ...

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