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Reaching age 65 doesn't automatically change how the IRS taxes your 401(k) withdrawals. Instead, it taxes distributions from ...

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, ...

If you have a tax-deferred retirement savings account such as a 401(k), taking earlier or larger withdrawals than required ...

As more people turn to their 401 (k) accounts for hardship withdrawals, workers are jeopardizing their long-term retirement ...

It's important to make strategic financial decisions for your retirement so you can minimize your stress. And that could mean ...

Most retirees tap their accounts in the wrong order, draining savings faster and triggering unnecessary taxes. This 5-step withdrawal plan could make your money last years longer.

When you need money in a hurry and you don't have enough cash on hand, dipping into your 401(k) might seem like the logical option. There's no need to deal with loan paperwork, and you don't have to ...