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  2. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    Based on 401(k) withdrawal rules, if you withdraw money from a traditional 401(k) before age 59½, you will face — in addition to the standard taxes — a 10% early withdrawal penalty. Why?

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

    www.aol.com/finance/withdraw-money-401-k-early...

    Unless you’re 59 1/2 or older, the IRS will tax your traditional 401(k) withdrawal at your ordinary income rate (based on your tax bracket) plus a 10 percent penalty. If you’re tapping a Roth ...

  4. Suze Orman Explains the Important Rules Around 401(k) Early ...

    www.aol.com/finance/suze-orman-explains...

    “The government tacks on a 10% penalty for early withdrawals made from traditional IRAs and 401(k)s before the account owner is age 59½,” Orman wrote. ... That said, new rules stipulate that ...

  5. Here's How You Can Tap Your 401(k) Early - AOL

    www.aol.com/heres-tap-401-k-early-103600465.html

    The point, either way, is that while you can tap a 401(k) early without penalty if the rule of 55 applies to you, you may not want to do that for the sake of having adequate income in retirement ...

  6. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    Generally, if you withdraw money from a 401(k) before the plan’s normal retirement age or from an IRA before turning 59 ½, you’ll pay an additional 10 percent in income tax as a penalty. But ...

  7. 5 Unknown Consequences of Withdrawing Early From Your 401(k)

    www.aol.com/5-unknown-consequences-withdrawing...

    The impacts of an early 401(k) withdrawal can be severe enough that financial advisors strongly recommend it only as an absolute last resort. ... “The IRS charges a 10% penalty tax for early 401 ...

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