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Understanding the Rule of 55 vs. 72(t): Which Early 401(k) Withdrawal...
If you’re considering early access to your retirement savings, the Rule of 55 and 72(t) offer two penalty-free options. The Rule of 55 allows those 55 or older to withdraw from their 401(k) if they leave their job, while the 72(t) rule provides structured, early withdrawals at any age.
By Louie Molina Editor