A Reddit user is considering taking money out of his 401(k) to pay off his credit cards. His cards are at 24% interest, which ...

Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people ...

Can I withdraw my 401(k) if I get laid off? Learn your options, tax penalties and strategies to manage your retirement ...

Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with ...

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

is a scheduled investment withdrawal plan that is typically used in retirement. You can structure an SWP in various ways. Mutual funds typically allow you to determine an SWP that includes ...

A 401(k) plan allows individuals to save for retirement with tax advantages and employer matches they forego when saving ...

Relying solely on accumulated savings is no longer a viable strategy. Instead investors must build diversified income streams ...

and those taking a hardship withdrawal are prohibited from making elective contributions to a 401(k) plan for six months. — Early withdrawals. Those who want to take money out of their 401(k ...

The first step in developing your personal retirement withdrawal plan is to select a scheme for withdrawing your money. Most people don’t realize that the 4% rule — now upgraded to 4.7% — is ...