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  2. What Are the Exceptions to the IRA Early Withdrawal Penalty?

    www.aol.com/exceptions-ira-early-withdrawal...

    While there are tax benefits associated with IRAs, withdrawing money before age 59 ½ can trigger income taxes and a 10% early withdrawal penalty. However, the IRS makes several exceptions to this ...

  3. IRA Early Withdrawal Rules and Penalties for 2024 - AOL

    www.aol.com/ira-early-withdrawal-rules-penalties...

    Traditional, Rollover and SEP IRAs share the same early withdrawal rules. Generally, unless you meet the criteria for an exception, the IRS penalizes withdrawals before age 59 1/2 with a 10% fee ...

  4. 7 key IRA withdrawal dates for taxpayers: How to take ... - AOL

    www.aol.com/finance/7-key-ira-withdrawal-dates...

    For a traditional IRA, you’ll need to take out your first RMD by April 1 of the year following the year you turn 73. For example, if you turn 73 in 2024, you’ll need to make that RMD by April ...

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

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

    The situation is a bit different for IRA accounts, which permit early withdrawals at any time. ... So you can make early withdrawals that meet the IRS criteria and avoid that 10 percent bonus levy ...

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

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

    “According to IRS rules, a hardship withdrawal lets you pull money out of the account without paying the usual 10% early withdrawal penalty charged to individuals under the age of 59½.

  7. 8 ways to take penalty-free withdrawals from your IRA ... - AOL

    www.aol.com/finance/8-ways-penalty-free...

    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 ...

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