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

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   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 ...

3. How to withdraw money from a 401(k) early - AOL

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   However, the passage of the SECURE Act 2.0 in late 2022 created new conditions for emergency withdrawals. ... Can you make an early withdrawal from a 401(k) without penalty and for what reasons?

4. COVID Relief: Penalty-Free 401(k) & IRA Withdrawals - AOL

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   Section 2022 of the CARES Act allows people to take up to $100,000 out of a retirement plan without incurring the 10% penalty. This includes both workplace plans, like a 401(k) or 403(b), and ...

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

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   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 ...

6. 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.

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

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

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