Most people enter retirement without any idea how to manage withdrawing their savings without running out of money. Here is ...

While there isn’t necessarily a specific age at which you can access your 401(k) funds, when you choose to do so may impact how much it costs you.

Early withdrawals from your 401(k) plan usually incur penalties and taxes. Learn how to avoid additional taxation and the 10% when withdrawing early.

If you withdraw money from a 401(k) before age 59½, you may incur an additional 10% penalty. Learn the rules for hardship withdrawals and exceptions to the penalty.

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 ...

There are a few ways to withdraw money from your 401 (k) early. But whether you should depends on why you need the funds and if the early withdrawal penalty is worth it.

Domestic Abuse Victims under the age of 59 1/2 qualify for a hardship withdrawal of up to $10,000 from 401-K accounts that will waive the 10% early withdrawal penalty.

Several other factors can influence how long it takes to withdraw money from a 401 (k). These include the efficiency of the plan administrator and the method of withdrawal.

Taking withdrawals in a falling market, especially near the beginning of retirement, means those losses are locked in, and offsetting them would require bigger gains in the market later.

You can usually make a 401 (k) withdrawal with no tax penalty at age 59 ½. If you leave your job during or after the year you turn 55 you can withdraw from your 401 (k) immediately without penalty.

A 401(k) withdrawal may seem far away when you open the account, but the time comes for everyone. It may happen when you’ve retired or reached a certain age. For some, it might be when an ...