#early-withdrawal-penalty

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#401k
from24/7 Wall St.
1 week ago
Retirement

How to Access Your 401(k) if You Decide to Retire at 55

Rule of 55 permits penalty-free withdrawals from your current employer's 401(k) if you separate in the year you turn 55; IRAs are excluded.
from24/7 Wall St.
1 month ago
Retirement

I'm 54 With No Retirement Savings Outside of My $4 Million 401(k), but I'm Ready to Retire. What's My Move?

A 54-year-old with $4 million can retire now, but withdrawing from a 401(k) before 59½ risks penalties unless the rule of 55 applies.
from24/7 Wall St.
1 month ago
Retirement

I'm 54 With No Retirement Savings Outside of My $4 Million 401(k), but I'm Ready to Retire. What's My Move?

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