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Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.
Experts describe contributing to a 401(k) as “kind of a no-brainer” Written By Written by Contributor, Buy Side Tanza Loudenback is a contributor to Buy Side and expert on retirement and taxes.