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  2. Are you 55 and eyeing retirement in the next 10 years? Here ...

    www.aol.com/finance/55-eyeing-retirement-next-10...

    For example, if you’re 55 and earn $80,000 a year, a 1% annual increase could add up to an additional $16,779 by age 67, according to calculations by Fidelity Investments. Of course, not ...

  3. 401(k) withdrawal rules: What to know before cashing out ...

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

    If a 401(k) plan participant leaves their employer in the year they turn 55 or older and they leave the 401(k) plan assets in the plan, they may be able to access their 401(k) without the 10% tax ...

  4. I’m 55 years old and I have $0 in savings, but I want to ...

    www.aol.com/finance/m-55-years-old-0-095400879.html

    But, according to the Fed’s latest Survey of Consumer Finances, 37.8% of people aged 45 to 54 and 43% of people aged 55 to 64 have no money set aside in dedicated retirement accounts.

  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. I'm 55 With $1.2 Million in My 401(k). Would Catch-Up ... - AOL

    www.aol.com/finance/im-55-1-2-million-113000717.html

    A 55-year-old with $1.2 million saved in a 401 (k) probably may forgo their catch-up contributions if they feel comfortable with the potential income their savings will generate in retirement ...

  7. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    A Member with 10 years of service who takes a FERS pension at the earliest allowable age of 55 would receive a reduced pension equal to 11% of high-3 salary (.017 x 10 years, reduced by .05 times the seven-year difference between the individual's age at retirement and age 62).

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