The rule of 55 makes it easier to withdraw funds from your retirement account after you retire early. The process of ...

The rule of 55 can benefit workers who have an employer-sponsored retirement account such as a 401 (k) and are looking to ...

You can withdraw from a 401(k) anytime. But withdrawals before age 59½ can mean a 10% penalty, except for certain emergencies. Learn more about withdrawal rules.

Image source: The Motley Fool Because ... distributions from your 401(k) after the age of 73 (previously age 72) if you have a traditional 401(k). However, starting in 2024, RMDs are no longer ...

Learn how to calculate IRS’s 10% early‑withdrawal penalty on 401(k)s—with examples, exceptions, SECURE 2.0 updates, and ...

When taking a hardship withdrawal, the funds will be subject to income tax, and you may also need to pay a 10% early ...

By age 55, you're about a decade away from retirement. Many financial experts suggest having seven to eight times your annual ...

From catch-up contributions to required distributions, federal employees face key ages that can shape retirement income, ...

There are two primary ways to use your 401(k) to buy a home: 401(k) loans and 401(k) withdrawals. While either option can be effective, rules abound, so make sure you understand them. The first method ...