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Withdrawals can be initiated online using the “Withdraw from your IRA” button, with your choice of how to receive the money: Electronic funds transfer (EFT) to your bank (instructions must already be on file). ... Bank wire to your bank of choice. Paper check sent via US Mail. Move cash to a Fidelity non-retirement account.

In some cases, you can make early withdrawals from a 403(b) without paying a penalty. Similar to a 401(k), 403(b) account holders can start taking distributions in the year they leave work as long as they turn 55 or older in that same year. This is commonly referred to as the rule of 55.

Get Your Money Faster With AFQuickClaims®, eligible benefits can be processed faster than ever before when filing online or through AFmobile®. Plus, enrolling in direct deposit means you can receive your benefits in as little as one day!

You may be subject to a 10% federal tax penalty if any money is withdrawn from 403(b) Plans before age 59 ½, unless an exception applies. You may choose to make a “direct rollover” to a Traditional IRA or an eligible employer plan.

403(b) withdrawal rules You can make penalty-free withdrawals once you reach age 59½, though you'll still owe taxes if you made pre-tax (a.k.a. traditional) contributions to a 403(b). Before then, you'll have to pay a 10% early-withdrawal penalty—plus any applicable taxes—in all but a few exceptions.