Key Points With a 401(k), you could face an early withdrawal penalty for removing funds before turning 59 1/2. Under certain ...

There's usually a 10% early withdrawal penalty if you take money out of your 401(k) under age 59 1/2. The Rule of 55 lets you take funds from your most recent employer's 401(k) without penalty if you ...

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

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, ...

Any time you take an IRA or 401 (k) plan withdrawal before turning 59 and 1/2, you risk a 10% penalty. Plus, by removing that ...

Discover options like SEPP and hardship withdrawals for accessing 401(k) funds when unemployed, and learn how to avoid penalties and manage taxes.

You may be saving more in an easy-to-contribute retirement savings vehicle, but you're giving up a great deal of flexibility.

Since withdrawals from their Roth IRAs are off the table for now, the couple must choose how much to take from the remaining accounts. They decide to withdraw 60% from their 401 (k)s ($24,000) and 40% ...