You're allowed to take substantially equal periodic payments (SEPPs) from your retirement accounts, regardless of your age. SEPPs are payments of a certain amount taken on a particular schedule for ...
Managing your money properly in retirement is critical for ensuring that it lasts as long as you do. For example, imagine you ...
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 ...
Many people work for decades, hoping that they can retire when the time arrives. One Redditor recently turned 59 1/2 years old and wants to retire. This individual doesn't have millions of dollars in ...
Americans have left behind $2.1 trillion in forgotten 401(k) accounts across 31.9 million accounts. Free national registries ...
A 401 (k) loan permits you to withdraw up to 50% of your vested account balance or $50,000, whichever is less. If your vested account balance is less than $10,000, then you can withdraw up to $10,000.
Early retirement sounds amazing, but not all the popular advice out there will actually help you get there. In a YouTube ...
The IRS issued new regulations last month to implement a provision of a 2022 law known as the SECURE 2.0 Act, which requires ...
For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security benefit could provide enough income to make ends meet during retirement. Widely ...