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Community: Investing Wiki

Term Of The Hour

401k retirement income: Original post by Shula Asher Silberstein of Demand Media When you first start working, retirement seems far off and you might not expect to ever see the money you put in your 401k again. However, once you turn 59 1/2, you can start withdrawing your 401k funds without tax penalty, and once you turn 70 1/2, you have to start withdrawing them. You shouldn't withdraw more than 4 percent of your…

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