Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.

There are a handful of retirement accounts to choose from, with the most popular being a 401 (k). It's usually what comes to ...

This new rule will give families more flexibility by allowing some people to tap into their retirement savings early without the usual penalty, to help cover the cost of long-term medical care even ...

Discover the essentials of early withdrawal penalties, including their meaning, calculation, scenarios, exceptions, and ...

There's a new rule coming to 401(k) catch-up contributions this year that affects higher earners. And it may also have an ...

While an early withdrawal from a 401(k) may have a long-term impact on your retirement fund, it is sometimes necessary. You should still try to limit such a withdrawal to situations that allow you to ...

To be clear, you probably don't want to keep all your retirement savings in a taxable account, because that means losing out ...

If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

Early 401(k) withdrawals are those you make under age 59 1/2 without a qualifying reason. You'll pay a 10% early withdrawal penalty on top of ordinary income taxes. Consider early 401(k) withdrawals ...

Roth conversion strategies for tax efficiency, preservation portfolios, and lifestyle tips for well-being—read now.