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  2. How 401(k) Withdrawals Can Be a Big Mistake - AOL

    www.aol.com/news/2012-10-10-how-401k-withdrawals...

    Not all 401(k) withdrawals are subject to the 10% penalty. For instance, if you have major medical expenses that amount to more than 7.5% of your adjusted gross income, then the IRS lets you take ...

  3. How To Avoid Paying Taxes on 401(k) Withdrawals - AOL

    www.aol.com/avoid-paying-taxes-401-k-204206325.html

    401(k)s and other workplace retirement plans are an excellent way to save for retirement while also saving money on taxes. But that doesn't mean there aren't any taxes associated with these ...

  4. Does Your Employer Know When You Make a 401(k) Withdrawal? - AOL

    www.aol.com/does-employer-know-401-k-200009991.html

    The short answer is yes — if you make a 401(k) withdrawal, your employer will know. This is because your employer is responsible for all aspects of offering your 401(k) plan, including hiring ...

  5. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

    www.aol.com/finance/5-ways-avoid-taking-early...

    Five ways to avoid tapping your retirement accounts. 1. Get an emergency fund (starting today) The best way to avoid having to take an early withdrawal is to prevent the situation from happening ...

  6. How To Get Around the 401(k) Withdrawal Penalty - AOL

    www.aol.com/around-401-k-withdrawal-penalty...

    Saving for retirement in an employer-sponsored plan like a 401(k) is a smart move. ... expenses that are greater than 10% of your adjusted gross income and you need to take a withdrawal from your ...

  7. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

    www.aol.com/finance/401-k-ira-hardship...

    Retirement plans such as a 401(k) or 403(b) may allow you to take hardship withdrawals. The situation is a bit different for IRA accounts, which permit early withdrawals at any time.

  8. 401(k) Withdrawals Made Simple: What Age Can You Go Tax ... - AOL

    www.aol.com/finance/401-k-withdrawals-made...

    A 401(k) is an employer-sponsored retirement account. Like other tax-advantaged savings accounts, 401(k) accounts offer a way to invest money without paying taxes. However, if you withdraw funds...

  9. Does Your Employer Know When You Make a 401(k) Withdrawal? - AOL

    www.aol.com/finance/does-employer-know-401-k...

    As a 401(k) plan is meant for long-term retirement savings, it's not something that you should draw from until you're at least in your late 50s. Not only will you cause lasting damage to your...

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