401-K plans are a form of deferred-tax retirement account ... That said, the rules over 401-K withdrawals generally state that they are subject to federal income tax, based upon the account ...

administration to obtain a form requesting the distribution of your 401(k) funds. However, be sure you understand the implications. When you withdraw your money, you must roll it over into another ...

Revised retirement account withdrawal rules also offer tax relief ... Retirement plan distributions are reported on Form 1099-R. This form typically comes from the retirement plan and shows ...

Last year, "a record share of 401(k) account holders took early withdrawals from their accounts" to help cover "financial emergencies," The Wall Street Journal said in a report, citing internal ...

Early withdrawals from a 401(k) often incur a 10% early withdrawal penalty if you're under 59 1/2. Certain situations, like reaching age 55, leaving a job, having a disability or using funds for a ...

Withdrawals from 401(k)s are taxed as ordinary income ... about deducting your contributions on your taxes since the tax forms provided by your employer should already indicate how much money ...