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  2. 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 ...

  3. 9 biggest 401(k) mistakes to avoid - AOL

    www.aol.com/finance/8-biggest-401-k-mistakes...

    Cashing out your 401(k) plan before age 59½ means the withdrawal will typically be subject to a 10 percent penalty, on top of the income tax owed on the distribution.

  4. Cashing Out Your 401(k): What You Need to Know - AOL

    www.aol.com/cashing-401-k-know-200052842.html

    Considering cashing out a 401(k)? You must consider the tax implications, penalties, and opportunity cost of distributing the entire account.

  5. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    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 ...

  6. Experts Explain How To Avoid Becoming Cash Poor with a 401K ...

    www.aol.com/finance/experts-explain-avoid...

    This means most people will need other savings vehicles while contributing for retirement. “The drawback with putting all retirement savings in a 401 (k) is the distributions are taxed at ...

  7. I Cashed Out My 401(k): How I Bounced Back and Saved ... - AOL

    www.aol.com/finance/cashed-401-k-bounced-back...

    According to financial advisor Jeff Rose of Good Financial Cents, cashing out a 401(k) early can feel like a major setback; but, with some strategic moves, it is possible to rebuild your savings ...

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