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At What Age Can I Withdraw Funds From My 401(k) Plan?

If you retire the year prior to reaching age 55, the 401(k) retirement age 55 provision will not apply. Your withdrawal will be subject to a 10 percent early withdrawal penalty tax.For example, assume you retire at 54, thinking in one year you can access funds penalty-free.

At What Age Can I Withdraw Funds From My 401(k) Plan?

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