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⚪ “Zynfluencers” — Zyn’s tobacco off-ramp/on-ramp. Nespresso’s latte test drive. Your retirement fund’s emergency ATM

The Best One Yet

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Accessing Retirement Funds during Emergencies and Exceptions to Penalty Withdrawals

The chapter delves into the recent IRS rule change enabling individuals to withdraw up to $1,000 from their retirement fund penalty-free in emergencies, aiming to assist low to moderate-income Americans who lack emergency funds. It also discusses exceptions like medical, tuition, and funeral expenses where individuals can access retirement funds without penalties.

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