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2. Younger homeowners more likely to have used retirement ... - AOL

   www.aol.com/finance/younger-homeowners-more...

   However, raiding your 401(k) or individual retirement account (IRA) comes with significant downsides. ... If you withdraw funds from your 401(k) before you reach the age of 59 ½, you might face a ...

3. How to avoid going broke in retirement - AOL

   www.aol.com/finance/avoid-going-broke-retirement...

   Let’s assume you’ve had both a traditional 401(k) and Roth IRA, and now you are ready to start drawing on that money for your retirement. The 401(k) withdrawals will be taxed as ordinary ...

4. The average 401(k) balance by age - AOL

   www.aol.com/finance/average-401-k-balance-age...

   Ages 45-54. Average 401 (k) balance: $142,069. Median 401 (k) balance: $48,301. During this decade you may be getting a larger paycheck than ever, and perhaps you can maximize your 401 (k) plan ...

5. 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 ...

6. 8 Tax Breaks Retirees Can Use in 2024 - AOL

   www.aol.com/8-tax-breaks-retirees-2024-143940592...

   Typically, premature withdrawal from retirement accounts such as 401(k) or IRA before the age of 59 1/2 could attract penalties, but these end once you reach that age. This gives early retirees in ...

7. How to save for retirement - AOL

   www.aol.com/finance/save-retirement-230635860.html

   401 (k) Another popular option for retirement saving is the 401 (k), which is established through your employer. The 401 (k) allows you to invest automatically straight from your paycheck, so many ...