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The rule of 55 makes it easier to withdraw funds from your retirement account after you retire early. The process of withdrawing from a 401(k) or 403(b) at age 55 or after is typically simple to ...

Editor’s note: "The Rule of 55" is part eight of an ongoing series throughout this year focused on how to retire early and the FIRE (Financial Independence, Retire Early) movement. Part One is ...

Keep in mind that any money converted to an IRA would make the funds ineligible for the rule of 55 and prevent penalty-free access for five years under Roth conversion rules. That said ...

Here's a closer look at some of the most important rules surrounding SIMPLE IRA eligibility, contributions, and withdrawals. A SIMPLE IRA is available to self-employed individuals and small ...

A Savings Incentive Match Plan for Employees (SIMPLE) IRA is a retirement plan designed ... Sign up Both 401(k) and SIMPLE IRAs have new rules for catch-up contributions starting in 2025, due ...

As you look at the details associated with the account, it can be a good strategy to consider: What is the Roth IRA five-year rule? The five-year rule for Roth IRA conversions. The five-year rule ...