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2. 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?

3. How To Avoid Paying Taxes on 401(k) Withdrawals - AOL

   www.aol.com/avoid-paying-taxes-401-k-204206325.html

   First, you would pay $1,200 in ordinary income taxes. If you owe an early withdrawal penalty, you would pay an additional $1,000 tax for a total tax liability of $2,200. How To Avoid 401(k) Taxes ...

4. Can I Withdraw My 401k if I Get Laid Off? - AOL

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   The IRS states that withdrawing a 401(k) if you are below the age of 59½ years incurs a 10% early withdrawal tax. For example, if you plan to withdraw $15,000, your penalty is $1,500.00.

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

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

   Usually withdrawing from your 401(k) prior to turning 59 1/2 results in a 10% early withdrawal penalty. The amount withdrawn is also subject to income taxes. There are exceptions where you can ...

6. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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

   For example, qualified first-time homebuyers can take a hardship distribution of up to $10,000 from a 401(k), but they’ll still pay that 10 percent penalty. For IRAs, however, the withdrawal ...

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

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

   Unless you’re 59 1/2 or older, the IRS will tax your traditional 401(k) withdrawal at your ordinary income rate (based on your tax bracket) plus a 10 percent penalty. If you’re tapping a Roth ...