Generally, workers have to wait until they are 59 1/2 ( or 55 in certain cases ) to take 401 (k) distributions penalty-free. So, those who take a hardship withdrawal before 59 1/2 have to pay a 10 ...

When your company closes, managing your 401(k) effectively is crucial. You have several options to consider, each with its ...

The IRS and Treasury Department recently issued proposed regulations addressing the mandatory automatic enrollment provisions under the SECURE 2.0 ...

But the end of the year means the 2024 401(k) contribution deadline arrived. Here is some information to help you take advantage of tax breaks associated with your retirement savings plan ...