You can take money out of your 401(k) multiple times, but the number of withdrawals and the conditions under which you can take them vary by plan. Generally, you can make withdrawals if you are over 59½, or if you meet specific circumstances such as financial hardship or termination of employment. Keep in mind that taking money out before age 59½ may incur penalties and taxes. Always check with your plan administrator for specific rules and restrictions.
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