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  2. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    For many people, their biggest stash of savings is hidden away in tax-advantaged retirement plans, such as an IRA or 401(k). Unfortunately, the U.S. government imposes a 10 percent penalty on any ...

  3. 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?

  4. Worried about outliving your savings? 5 retirement withdrawal ...

    www.aol.com/finance/maximizing-returns-from...

    You can tap into these accounts penalty-free once you’re 59 1/2 or older. ... The 4% rule says to take out 4% of your tax-deferred accounts — like your 401(k) — in your first year of ...

  5. 401(k) Withdrawals Made Simple: What Age Can You Go Tax-Free?

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    The minimum age for penalty-free withdrawals from your 401(k) account is 59 ½, and the IRS requires retirees to start making withdrawals by age 73. There are some caveats to this age restriction.

  6. Substantially equal periodic payments - Wikipedia

    en.wikipedia.org/wiki/Substantially_equal...

    Substantially equal periodic payments (SEPP) are one of the exceptions in the United States Internal Revenue Code that allows a retiree to receive payments before age 59 1 ⁄ 2 from a retirement plan or deferred annuity without the 10% early distribution penalty under certain circumstances. [1]

  7. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

    Pick the “right” 401(k) withdrawal reasons. While the IRS may allow you to make a hardship withdrawal, that doesn’t mean you’ll escape the 10 percent penalty tax (again, on top of what you ...

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