A 401(k) hardship withdrawal refers to the process of taking out funds from your 401(k) account due to immediate and severe ...

Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or ...

A 401(k) loan could help you avoid the taxes and penalties that come with early 401(k) withdrawals. Employers have discretion about whether to allow 401(k) loans. A 401(k) loan may set your retirement ...

Early withdrawals occur for those younger than 59 1/2 If you withdraw from your 401(k) early, you're subject to a 10% fee 401(k) loans are an alternative to cashing out early Early withdrawals occur ...

A new report reveals that over one-third of U.S. workers have borrowed from their retirement savings, prompting warnings from ...

With more opportunities to access 401(k) funds penalty-free, workers are increasingly dipping into their retirement savings. But those withdrawals could jeopardize their retirement security. A recent ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. And it’s one you can arrange by keeping at least ...

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

Sen. Tim Kaine, D-Va., this week introduced new legislation aimed at making it easier for federal workers to take advantage of the federal government’s 401(k)-style retirement savings program to help ...