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2. Should you use retirement savings to pay off debt? | AOL

   www.aol.com/finance/retirement-savings-pay-off...

   While withdrawals from a 401(k) or traditional IRA before age 59 ½ are generally subject to a 10 percent early withdrawal penalty, there are certain circumstances where the penalty can be avoided.

3. Thrift Savings Plan | Wikipedia

   en.wikipedia.org/wiki/Thrift_Savings_Plan

   Employees may make either an "age-based" withdrawal or a "financial hardship" withdrawal. The minimum withdrawal amount is $1,000 (or the account balance, if smaller). For married FERS employees and uniformed service members the spouse must consent to the withdrawal; for married CSRS employees the spouse need only be notified.

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) Hardship Withdrawals: What You Need To Know | AOL

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

   A 401(k) hardship withdrawal is the process of accessing funds in your workplace 401(k) account before retirement age (currently age 59 ½). While there are typically penalties for withdrawing ...

6. Here’s Why Suze Orman Says There Is Never a Good ... | AOL

   www.aol.com/why-suze-orman-says-never-160120381.html

   As high inflation persists, more Americans have been taking hardship withdrawals from their 401(k) plans. ... [Thrift Savings Plan] (TSP) to pay their bills, and then the money was gone and they ...

7. 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 ...

8. 403(b) | Wikipedia

   en.wikipedia.org/wiki/403(b)

   403 (b) In the United States, a 403 (b) plan is a U.S. tax -advantaged retirement savings plan available for public education organizations, some non-profit employers (only Internal Revenue Code 501 (c) (3) organizations), cooperative hospital service organizations, and self-employed ministers in the United States. [1]

9. How To Withdraw Money From Your 401(k) | AOL

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

   Hardship Withdrawals. The IRS allows 401(k) account holders to withdraw funds for hardship, which is defined as “an immediate and heavy financial need.” ...