Consider these five questions before you withdraw early from your retirement account. getty. Financial stress is real right ...

Withdrawing from your 401(k) or IRA may indirectly affect your Social Security benefits. Learn how to manage your retirement ...

After a lifetime of work and saving, you finally made it to retirement and managed to squirrel away a significant nest ...

401(k) withdrawals count as income and must be reported to the Internal Revenue Service (IRS). Starting at age 59½, retirees can begin accessing 401(k) funds without an early-withdrawal penalty.

Just as the when of “retirement” will become a dated notion, so will the notion that more tax revenues are required to pay ...

And while accessing the money you’ve amassed can sound enticing, 401(k) withdrawal rules state that you must be at least age 59½ for a penalty-free withdrawal — at that point, it’s ...

401(k) withdrawal for a home purchase: Is it a good idea? If you have a lot of cash tucked away in your retirement savings, you might be wondering what the harm is in taking a little bit out to ...

hardship loan or using a 401(k) hardship withdrawal to help fund some of those expenses. However, it's important to note that before turning to a 401(k) loan, you should exhaust all your other ...

There are also short-term effects from making an early withdrawal from your 401(k) as well: It doesn't come free. Doing so has costly consequences, including both a penalty fee and taxes.

One notable change coming to workplace retirement plans in 2025 applies to those who are ages 60 to 63. "Starting in 2025, if ...

There should be no tax penalties to closing an IRA account as long as you follow the rules carefully. Learn how tax penalties ...