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2. How to Retire at 60: Step-by-Step Plan - AOL

   www.aol.com/retire-60-step-step-plan-170138414.html

   Continue reading → The post How to Retire at 60: Step-by-Step Plan appeared first on SmartAsset Blog. Obstacles to early retirement include lack of access to Social Security benefits and Medicare.

3. Tax breaks after 50 you might not know about - AOL

   www.aol.com/finance/tax-breaks-after-50-you...

   Starting in 2025, taxpayers ages 60 and 63 years old can qualify for catch-up contributions on 401(k) as high as $10,000 — or 50% more than the normal catch-up contribution limit.

4. 5 money misconceptions that American retirees make over and ...

   www.aol.com/finance/5-money-misconceptions...

   So, if you make $100,000 per year and contribute $1,000 per month to your retirement savings plan, your employer would contribute $500, or 50% of each contribution, up to $6,000 per year.

5. 401(k) - Wikipedia

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

   401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.

6. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   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 ...

7. More people are turning 65 this year than ever before. That ...

   www.aol.com/more-people-turning-65-ever...

   Over the past 40 years, defined contribution plans, also known as 401(k) plans, have taken their place. Americans currently hold over $7 trillion in 401(k) plans, according to data from the ...