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2. Pros and cons of government 457(b) retirement plans - AOL

   www.aol.com/finance/pros-cons-government-457-b...

   Early distributions, those before age 59 ½, from 457(b) plans are not subject to the usual 10 percent penalty if the employee has separated from the service of the plan’s sponsor. There’s a ...

3. 457 plan - Wikipedia

   en.wikipedia.org/wiki/457_plan

   457 plan. The 457 plan is a type of nonqualified, [1][2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.

4. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

   Generally, if you withdraw money from a 401(k) before the plan’s normal retirement age or from an IRA before turning 59 ½, you’ll pay an additional 10 percent in income tax as a penalty. But ...

5. How to plan your retirement withdrawal strategy: 4 smart ...

   www.aol.com/finance/maximizing-returns-from...

   1. Your current and future tax brackets. Where you fall on the tax bracket ladder now and where you might be in the future can help shape your withdrawal strategy. This is especially true for ...

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. Retirement Steps You Should Take, Broken Down By Age - AOL

   www.aol.com/retirement-steps-broken-down-age...

   For instance, at age 59 ½ you can inherit a 401(k) without having to pay an early withdrawal penalty. Bottom Line A woman plotting financial milestones for her retirement plan.