(NewsNation) — As of September last year, $8.9 trillion was sitting in 401(k) retirement accounts, according to the Investment Company Institute, an investment association.

The association reports that more than 715,000 people have 401(k) plans, which are employer-sponsored retirement savings accounts.

Typically, account holders wait until they're in retirement to withdraw the funds — but some may find themselves needing to access the money early.

All withdrawals,........

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