While this sell system is designed to preserve the growth portion of a portfolio, it comes with a downside: Money can be ...

Rolling over a $1 million 401(k) to a financial advisor might seem like a smart move — but according to personal finance ...

The financial services firm’s guidance takes a different path than the traditional 4%-a-year strategy. Researchers compare ...

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

Yes, like other 401(k) distributions, a hardship withdrawal is taxable, assuming it’s a pretax 401(k), not a Roth 401(k). Withdrawals will always be taxed at your ordinary income tax rate.

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 ...

New research points to the equal-installments strategy as the ideal for making the mandatory withdrawals. A lump-sum approach ...

“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.

How you take a 401(k) distribution can greatly impact how much tax you'll owe. Read about 10 ways to help reduce the taxes you pay on 401(k) withdrawals.