A 401(k) hardship withdrawal allows you to access funds from your retirement account before you reach retirement age, but it comes with strict rules.

You may be inclined to stop funding your 401(k) the year before you retire. But before you halt contributions, look at the ...

Strategizing retirement savings in your 20s can be a daunting task. That is the dilemma of Reddit member in the subreddit ...

Americans increasingly dip into 401 (k) funds early, mainly due to foreclosure or eviction threats. SACRAMENTO, Calif. — A ...

A Reddit user is in a difficult situation. The poster has lost his job, his wife is disabled and has substantial medical ...

In the case of hardship withdrawals, qualification criteria can vary between different employer plan policies regarding amount maximum restrictions, moratoriums on additional 401-K contributions ...

withdrawals. Consider speaking with a financial advisor for help integrating the elements of your retirement plan. In a word, ...

Life happens. Your reliable job disappears. A healthy spouse endures a medical crisis. And your child’s college tuition is about to come due. If you have been able to build an emergency fund ...

In 2025, the maximum allowable 401 (k) contribution for workers under 50 is $23,500. For workers 50 and over, it's $31,000. And beginning this year, workers between 60 and 63 can make "super" catch-up ...

When withdrawing funds from your retirement account, be sure to check on the redemption protocols or you could unwittingly ...

These plans offer flexible withdrawal options, allowing retirees to take lump sums, periodic payments, or roll over their funds into an IRA or another qualified retirement plan. Since there is no ...

Step 1: Check Your Employer’s 401(k) Plan Not all 401(k) plans allow hardship withdrawals. Your employer’s plan administrator can tell you if this option is available and what requirements you ...