Learn 401(k) hardship withdrawal rules, qualified reasons, penalties and alternatives. See if you qualify and how it impacts ...

Many more individuals are now participating in 401(k) retirement plans than ever before. New regulations have made it easier for companies to offer 401(k) plans. The current regulations allow ...

Remember that as you get closer to retiring, your retirement portfolio should be less risky. Consider safer investment ...

The go-to rule for retirement spending was created over 30 years ago. Things have changed since then. Here's how you can ...

I have always said that asset accumulation is easy but the true difficulty is in asset distribution. There is no single plan ...

A third of Americans’ financial assets are held in retirement plans, according to data from the Investment Company Institute. In September 2024, those accounts represented more than $42 trillion in ...

There's typically a 10% early withdrawal penalty if you take money out of your 401(k) before turning 59 1/2. The IRS does offer some exceptions to this rule. Even if you qualify for an exception, ...

The number of hardship withdrawals from 401(k)s is growing. Learn what’s driving the trend, the risks and smarter ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. American workers who leave an employer at which they have a 401(k) account may not realize ...