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5 Ways to Take Early Retirement Withdrawals Without Paying a Penalty
Paying taxes is unpleasant enough. Don t get hit with an early withdrawal fine.
This story originally appeared on NewRetirement.
Early retirement is a dream for many. However, a really early retirement is fairly rare. According to research published on LIMRA, only about 20% of all Americans retire in their 50s or before with most of those happening after age 55.
For those that do retire early, figuring out how to fund expenses can be challenging. One problem is that most of the retirement savings vehicles namely traditional 401(k)s and IRAs enforce a 10% penalty for any withdrawals made before age 59.5.
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On the Left: That old time religion
Jack Batson: On the Left
One of the great debates of the last, oh, 150 years is if capitalism should be regulated. The answer is staring us in the face – yes. The beginning of the latest debates began with Ronnie Reagan and may now end with the Great Freeze in Texas.
I’m going to show that without regulation, capitalism becomes irresponsible and predatory. Fasten your seat belts!
When it’s not morphing into monopolies (more on that problem another time), capitalism sets prices by competition. We all agree that the long-sought “fair price” is the price set by competition. A good or service is worth whatever you agree to pay for it.
Flugaufsicht befeuert Debatte über Cockpits mit nur einem Piloten handelsblatt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from handelsblatt.com Daily Mail and Mail on Sunday newspapers.