Have you been feeling the pinch the novel coronavirus has caused to the economy? The federal government’s massive stimulus bill has included some changes in the rules governing retirement ...

Learn about the exceptions to 401(k) early withdrawal penalties, including reaching 59½, disability, SEPP, medical expenses, QDRO, military service, and more.

That includes participating in the remarkable stock market performance of the past 15 years and particularly, post-Covid. For the uninitiated, 401(k) rules ... that you can withdraw from your ...

That said, the rules over 401-K withdrawals generally state that they are subject to federal income tax, based upon the account holder’s tax bracket, with an additional 10% penalty if they are ...

You should check with your 401(k) administrator to determine the rules applicable to your plan. The best reason to withdraw funds from a 401(k) is because you are retired and taking out the money ...

COVID-19 has ... and focusing the withdrawals you do make on cash and other less-volatile assets. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal ...

OK, so what happens if I need the money, Lisa, and I dip into an IRA or a 401k? Lisa Greene-Lewis: If you withdraw from your ... a gift that we got during COVID. We were actually able to pull ...

The COVID-19 crisis is shining a spotlight on employer-sponsored retirement accounts such as 401(k)s. Long-standing rules have been relaxed, and investors have new options for making withdrawals.