Learn 401(k) hardship withdrawal rules, qualified reasons, penalties and alternatives. See if you qualify and how it impacts ...
Thinking about buying a home but struggling with the down payment? Many Americans are exploring creative ways to fund their first house. One option that often comes up is using your 401(k). A 401(k) ...
Remember that as you get closer to retiring, your retirement portfolio should be less risky. Consider safer investment ...
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% ...
Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. If you withdraw money from your 401(k) before you reach ...
KTLA’s consumer expert David Lazarus tackles your top money questions, from when leasing a car makes more sense than buying, to the rules around 401k withdrawals, and whether adding a child to your ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A lot of people don’t save a dime for retirement and wind ...
In the current volatile economy, it may not be surprising if clients want to raid their retirement savings before age 59½. It’s never a good idea, experts say, but if it’s absolutely necessary, there ...
My husband is in his early 70s and I’m in my late 60s. We have $1.8 million in retirement savings. We moved out of New York ...
Learn why more Americans are tapping into their 401(k) savings and the potential consequences. Find out expert advice on ...