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  2. I'm Happy With My Retirement Accounts. Can I Use Rule 72(t ...

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    Tapping into your retirement savings before age 59.5 typically triggers a 10% early withdrawal penalty in addition to the income taxes you'll owe. Using Internal Revenue Service Rule 72(t) can ...

  3. Substantially equal periodic payments - Wikipedia

    en.wikipedia.org/wiki/Substantially_equal...

    Substantially equal periodic payments. Substantially equal periodic payments (SEPP) are one of the exceptions in the United States Internal Revenue Code that allows a retiree to receive payments before age 59 from a retirement plan or deferred annuity without the 10% early distribution penalty under certain circumstances. [1]

  4. 401(k) withdrawal rules: What to know before cashing out ...

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    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 ...

  5. New retirement withdrawal rule could backfire in costly way - AOL

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    The age that retirees must start taking required minimum distributions, or RMDs, from IRAs, 401(k)s, and 403(b) plans, is 73 this year. New retirement withdrawal rule could backfire in costly way ...

  6. Required minimum distribution - Wikipedia

    en.wikipedia.org/wiki/Required_minimum_distribution

    Although the rules require RMDs to begin by April 1 of the year after the individual reaches age 72, participants in an employer-sponsored plan can usually wait until April 1 of the year after retirement (if later than age 72) to begin distributions unless the individual owns 5% or more of the employer who is sponsoring the plan.

  7. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...

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