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Fill out the essential paperwork and documentation as requested by your 401(k) plan administrator to facilitate the smooth transfer of funds from your retirement plan to your bank account.
Contact Your Former Employer: Reach out to your previous employers human resources department for details about your retirement account or guidance on locating your funds. Review Old Account Statements: Check past account statements for contact information regarding the institution managing your funds.
Here are the ways to take penalty-free withdrawals from your IRA or 401(k) Unreimbursed medical bills. Disability. Health insurance premiums. Death. If you owe the IRS. First-time homebuyers. Higher education expenses. For income purposes.
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