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  2. 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 ...

  3. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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    The same rules apply to a Roth 401(k), but only if the employer’s plan permits. In certain situations, a traditional IRA offers penalty-free withdrawals even when an employer-sponsored plan does ...

  4. 9 biggest 401(k) mistakes to avoid - AOL

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    Here are the biggest mistakes you can make with your 401 (k) and how to avoid them. 1. Not making saving a habit. Not contributing enough, not contributing consistently and not increasing ...

  5. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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    401 (k) hardship withdrawals are taxed at your ordinary income tax rate. For example, if you’re filing as single on your tax return and your income puts you in the 22% tax bracket, hardship ...

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

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    Saving for retirement in an employer-sponsored plan like a 401(k) is a smart move. ... If you become permanently disabled, you can withdraw funds from your 401(k) without paying the 10% penalty ...

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

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    But you’ll owe ordinary income tax and a 10% penalty if you withdraw earnings (i.e. gains and dividends your investments made inside the account) from your Roth 401(k) prior to age 59 1/2.

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