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  2. Comparison of 401(k) and IRA accounts - Wikipedia

    en.wikipedia.org/wiki/Comparison_of_401(k)_and...

    When still employed with employer setting up the 401(k), loans may be available depending upon the plan, not more than 50% of balance or $50,000. No Early Withdrawal Generally no when still employed with employer setting up the 401(k). Otherwise, 10% penalty plus taxes. There are some exceptions to this penalty. [9]

  3. 9 biggest 401(k) mistakes to avoid - AOL

    www.aol.com/finance/8-biggest-401-k-mistakes...

    Taking an early withdrawal from your 401(k) ... whether that means cashing it out or taking a loan or hardship withdrawal. Cashing out your 401(k) plan before age 59½ means the withdrawal will ...

  4. The pros and cons of taking out a 401(k) loan - AOL

    www.aol.com/finance/pros-cons-taking-401-k...

    One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties. If you withdraw the funds before retirement age ...

  5. Dave Ramsey: Your 401(k) Is for Retirement, Not Getting Rid ...

    www.aol.com/dave-ramsey-401-k-retirement...

    A Ramsey Solutions blog post said those who withdraw money from their traditional 401(k) before age 59 1/2 are expected to pay income taxes on their withdrawal and an early 10% withdrawal penalty ...

  6. 403(b) Retirement Plan Withdrawal Rules and Strategies - AOL

    www.aol.com/403-b-retirement-plan-withdrawal...

    A 403(b) account operates very much like a 401(k), an IRA or any other pre-tax retirement account. When it comes to taking your distributions, this gives it a couple of key advantages and ...

  7. Many workers have only their retirement savings for ... - AOL

    www.aol.com/finance/many-workers-only-retirement...

    Some 401(k)s allow workers to take a hardship distribution to pay for emergencies like medical expenses. Depending on the reason for the withdrawal, some workers may have to pay a 10% tax if they ...

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