News

Most people enter retirement without any idea how to manage withdrawing their savings without running out of money. Here is ...
While this sell system is designed to preserve the growth portion of a portfolio, it comes with a downside: Money can be ...
For some retirees, the hands-on approach is the only way to go. If you prefer to have control over each distribution, ...
The financial services firm’s guidance takes a different path than the traditional 4%-a-year strategy. Researchers compare ...
New research points to the equal-installments strategy as the ideal for making the mandatory withdrawals. A lump-sum approach ...
Learn the ins and outs of 401(k) withdrawals and potential penalties before making any moves with your retirement money.
A 401 (k) hardship withdrawal allows you to access your retirement savings early. But it isn’t always the wisest choice and generally should be a last resort.
Forgetting to take your first RMD by April 1 in the year after you turn 73 can result in a significant tax penalty. “If you ...
Rolling over a $1 million 401(k) to a financial advisor might seem like a smart move — but according to personal finance ...
“As a 401 (k) advisor, I recommend that participants understand whether their plan has a set withdrawal protocol before taking any distributions. Not all plans do,” she said.