Author: mikedemko
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How to withdraw from your traditional 401(k) account early and avoid penalties and fees
When you deposit into your 401(k), you’re putting that money away for the future. But what happens if you need that cash now? The good news: You can access your 401(k) funds before you turn 59 ½, the IRA retirement age, through a process the IRS calls an “early withdrawal.” The bad news: An early…