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What Is the Rule of 55?
Forbes; subscription may be required 
Jan. 29, 2021 "Many people who retire early use the rule of 55 to avoid the 401(k) early withdrawal penalty.... You must leave your job the year you turn 55 -- or later.... You can only withdraw from your current 401(k).... You can still withdraw early, even if you get another job.... Other ways to avoid the 401(k) withdrawal penalty ... Should you use the rule of 55?" MORE >> |
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