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  2. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

    401 (k) hardship withdrawals are taxed at your ordinary income tax rate. For example, if you’re filing as single on your tax return and your income puts you in the 22% tax bracket, hardship ...

  3. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

    So if they need the money for other hardship reasons (such as a principal residence, tuition or funeral expenses), account owners will still end up paying the 10 percent penalty tax. 4. Focus on ...

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

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

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

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

    You can withdraw your contributions (that’s the original money you put into the account) tax- and penalty-free. But you’ll owe ordinary income tax and a 10% penalty if you withdraw earnings (i ...

  6. How To Withdraw Money From Your 401(k) - AOL

    www.aol.com/withdraw-money-401-k-180046714.html

    For example, if you want to withdraw from a Fidelity 401(k), you can download a withdrawal request form online or call the company’s toll-free number. How To Withdraw From Your 401(k) Early

  7. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    6. First-time homebuyers. Though you may take money out of your 401 (k) to use as a down payment, expect to pay a 10 percent penalty. However, take the money from your IRA, and it’s penalty-free ...

  8. Withdrawing IRA or 401(k) Money Early? 8 Ways To Avoid Penalties

    www.aol.com/withdrawing-ira-401-k-money...

    “According to IRS rules, a hardship withdrawal lets you pull money out of the account without paying the usual 10% early withdrawal penalty charged to individuals under the age of 59½.

  9. The Pros and Cons of Withdrawing on Your 401(k) Early - AOL

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

    People love 401(k) plans because they're simple, contributions are automatic and, in many cases, they offer free money in the form of matching employer funds. Unlike Roth IRAs and annuities ...

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