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Community: Investing Wiki

Term Of The Hour

in service withdrawal: Original post by Ciaran John of Demand Media At the age of 65 you can use 401k funds to build a home if you are no longer employed. If you still work for the firm that sponsors your 401k then you may find that you cannot access your retirement funds for any purpose until you actually retire. When you withdraw money from your 401k, you have to pay taxes on your capital gains although you do not pay…

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