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	<title>Moola Mania &#187; premature</title>
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		<title>Do not tap retirement accounts for your spending</title>
		<link>http://www.moolamania.com/2008/12/do-not-tap-retirement-accounts-for-your-spending/</link>
		<comments>http://www.moolamania.com/2008/12/do-not-tap-retirement-accounts-for-your-spending/#comments</comments>
		<pubDate>Mon, 08 Dec 2008 14:46:04 +0000</pubDate>
		<dc:creator>Ram Muthiah</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[401k]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[premature]]></category>
		<category><![CDATA[retirement account]]></category>
		<category><![CDATA[withdrawal]]></category>

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		<description><![CDATA[According to the survey by Bank of  America,  18% of Americans said they have withdrawn retirement assets prematurely because of the recent economic turmoil. Many raided those accounts to pay for near-term financial obligations, including credit card debt and mortgage payments. But more than one in five, or 22%, withdrew money early from their retirement [...]]]></description>
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