8 Groups Who Can Make Early Retirement Withdrawals Without Penalty

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The IRS doesn’t like when you take money out of your retirement accounts before retirement, and it normally dishes out a financial punishment for doing so. In the case of an individual retirement account (IRA), early withdrawals before age 59½ are “subject to being included in gross income plus a 10 percent additional tax penalty,” the IRS says. The same is true if you take a loan from your…

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