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2. New Retirement Rules Make 401(k) Hardship Withdrawals ... - AOL

   www.aol.com/retirement-rules-401-k-hardship...

   The new retirement rules, part of the $1.7 trillion funding bill President Joe Biden is set to sign into law, will make so-called 401(k) hardship withdrawals easier. This comes amid a record-high...

3. 'This is a double-tax whammy!': A growing number of ... - AOL

   www.aol.com/finance/double-tax-whammy-growing...

   According to asset manager Vanguard’s “How America Saves 2024” report, around 3.6% of workers participating in employer-sponsored 401(k) plans made a “hardship” withdrawal in 2023, up ...

4. Dave Ramsey: Your 401(k) Is for Retirement, Not Getting Rid ...

   www.aol.com/dave-ramsey-401-k-retirement...

   A Ramsey Solutions blog post said those who withdraw money from their traditional 401(k) before age 59 1/2 are expected to pay income taxes on their withdrawal and an early 10% withdrawal penalty ...

5. 403(b) - Wikipedia

   en.wikipedia.org/wiki/403(b)

   Beginning in 2006, 403(b) and 401(k) plans may also include designated Roth contributions, i.e., after-tax contributions, which will allow tax-free withdrawals if certain requirements are met. Primarily, the designated Roth contributions have to be in the plan for at least five taxable years and you have to be at least 59 years of age.

6. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

7. Inflation Leads to Record Rise in 401(k) ‘Hardship ... - AOL

   www.aol.com/finance/inflation-leads-record-rise...

   The toll inflation is continuing to take on Americans has translated to a record number of people taking 401(k) "hardship withdrawals," according to new data, a phenomenon which Vanguard called...

8. Should you use retirement savings to pay off debt? - AOL

   www.aol.com/finance/retirement-savings-pay-off...

   If you’re set on tapping your retirement account to pay off debt, taking out a 401(k) loan might be a better move than taking a hardship withdrawal. A 401(k) loan allows you to borrow against ...

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

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

   Taking an early withdrawal from your 401(k) ... whether that means cashing it out or taking a loan or hardship withdrawal. Cashing out your 401(k) plan before age 59½ means the withdrawal will ...