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2. 401(k) withdrawal rules: What to know before cashing out ...

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   A Roth 401(k) allows for withdrawals without penalty or taxes if you’re at least 59½ and have had your account for at least five years. Early withdrawals: The Rule of 55.

3. 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 ...

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

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   There is a little-known IRS rule that allows for early distribution of some qualified accounts before age 59 ½ without penalty, with very specific stipulations. This is known as rule 72(t). To ...

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

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   For example, qualified first-time homebuyers can take a hardship distribution of up to $10,000 from a 401(k), but they’ll still pay that 10 percent penalty. For IRAs, however, the withdrawal ...

6. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   Generally, a 401(k) participant may begin to withdraw money from his or her plan after reaching the age of 59 + 1 ⁄ 2 without penalty. The Internal Revenue Code imposes severe restrictions on withdrawals of tax-deferred or Roth contributions while a person remains in service with the company and is under the age of 59 + 1 ⁄ 2 .

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

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   “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.