The tax consequences of making 401k withdrawals depend on the type of contributions. Keep reading to learn how to avoid ...

Withdrawals from an IRA that start before required minimum distributions (RMDs) are due can reduce the amount of your future RMDs, although not on a dollar-by-dollar basis. RMDs are calculated based ...

Planning ahead for early retirement can help you avoid some common obstacles. But it will also help you cope if you lose your ...

Once you establish a retirement account, such as an IRA or 401(k), you want to maintain your balances and obtain tax-free ...

According to the IRS Rule of 55, you can take penalty-free withdrawals from your 401(k) or 403(b) plan if you leave your job or after the age of 55. What happens if I withdraw from my 401(k ...

In general: Roth 401(k) rules allow you to make "qualified," or penalty-free, withdrawals of both contributions and gains any time after age 59 1/2 as long as your first contribution to your ...

RMDs are minimum amounts that you must withdraw annually from your IRA or other retirement plan account. Did you know that, in most cases, you must start taking required minimum distributions ...

A 401 (k) is one of the most common tax-advantaged retirement accounts, typically offered through large or midsize employers.

The SECURE 2.0 Act has significantly changed retirement savings rules ... to the standard age 50+ catch-up limit. The 59-1/2 rule imposes a 10% penalty on early IRA or 401(k) withdrawals made ...

With this shift, many nearing retirement ... until age 70, he could receive up to 30% more each month. If you retire before your FRA, your benefits are permanently reduced by about 0.55% per ...