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  2. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

    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 ...

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

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

    “First-time homebuyers can withdraw from an IRA without penalty if the withdrawal is used to pay for qualified acquisition costs, such as closing costs and down payments,” said R.J. Weiss, CFP ...

  6. Can I Borrow from an IRA Without Penalties? - AOL

    www.aol.com/finance/borrow-ira-without-penalties...

    Be over the age of 59.5: Six months after an IRA account holder’s 59 th birthday, withdrawals are penalty-free. Income taxes are still due at the regular rate. Income taxes are still due at the ...

  7. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

    So if they need the money for other hardship reasons (such as a principal residence, tuition or funeral expenses), account owners will still end up paying the 10 percent penalty tax. 4. Focus on ...

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