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At What Age Should I Start Making 401(k) Withrawals ...

A penalty tax normally applies to any withdrawals taken before age 59 ½. And normally you can only withdraw from 401(k) plans at previous employers. For a 401(k) offered by the employer you still work for, usually you can’t take withdrawals while still employed there. Some plans allow 401(k) loans or hardship withdrawals.

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