Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

Here's a look at the 401(k) withdrawal rules and how you can avoid the IRS 10% penalty if you withdraw money from your account early. Tax-advantaged retirement accounts, such as 401(k)s ...

IRA conversion: traditional accounts to Roth . If you have a traditional IRA, converting it could be a simple matter of ...

Next up is a big list: the 41 states -- along with Washington, D.C. -- that don't tax Social Security benefits. If you expect much of your retirement income to come from these benefits, you'll be ...

Early withdrawals. Those who want to take money out of their 401 (k) account before age 59 1/2 for other reasons may be ...

LIFO tax rules dictate that earnings are always taxed ... It’s crucial to be informed and have competent guidance as part of an overall retirement planning strategy. By having a fundamental ...

Knowing your 401(k) payback rules will help you avoid penalties ... subjecting it to income tax and potentially early withdrawal penalties. The interest rate on a 401(k) loan is generally set ...

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...

In cases where EPF withdrawal is taxable, the Employees’ Provident Fund Organisation (EPFO) may deduct Tax Deducted at Source ...

or by liquidating the retirement account and sending you a check or direct deposit to a bank account (indirect rollover). Given stringent rules to keep rollovers tax free, a direct rollover is the ...