Dipping into your 401(k) before age 59½ usually means penalties, taxes and lost earnings. But there are some exceptions.

When you take money from your 401(k) through a withdrawal, rollover or loan default, the IRS requires specific reporting on ...

In the realm of personal finance and retirement planning, few topics are as relevant or as essential as the 401(k) plan. Named after a section of the U.S. Internal Revenue Code, a 401(k) is a type of ...

As of Dec. 29, 2025, you can make penalty-free withdrawals of up to $2,600 to buy long-term care (LTC) insurance for you or your spouse. This amount may increase in future years due to inflation. LTC ...

Typically, 401(k) withdrawals taken prior to age 59 and 1/2 are subject to an early withdrawal penalty. While some exceptions exist already, a new rule allows savers to tap their 401(k)s early to ...

As prices continue to rise, many Americans are looking for ways to help fund their everyday lives. One place they are turning? Their 401(k)s. More and more people are taking money out of their ...

Although your first year of retirement is an exciting time, it's also a time when you have to make several decisions about ...

Contributing to a retirement account, such as a 401 (k) or individual retirement account, can help you reduce your tax bill.

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Vikki Velasquez is a researcher and writer who has managed, ...

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