How does the Rule of 55 work? According to the IRS Rule of 55, you can take penalty-free withdrawals from your 401(k) or 403(b) plan if you leave your job or after the age of 55. What happens if I ...

Retirees who are using the 4% withdrawal rule on autopilot are putting themselves at risk for market conditions that can ...

Bill Bengen, the creator of the 4% rule, shared eight customizable elements every retiree should consider when creating a ...

It’s true that normally, you have to wait until age 59 and 1/2 to take penalty-free withdrawals from a 401(k). But there’s an exception you might qualify for called the rule of 55. The rule ...

While not universally adopted by money managers and retirees, the 4% rule has become the closest thing to an annual retirement income withdrawal benchmark for the masses. The 4% rule is designed ...

The other downside of a hardship withdrawal is that you can’t repay the money into your 401(k) plan or move it into an ...

It may be time to give the 4% rule an upgrade. Retirement planners have used the popular guideline for their retirement withdrawal rates ... talk about using what, 55% stocks, 40% bonds, and ...

He introduced the 4% rule, which suggests that retirees can safely withdraw 4% of their portfolio in the first year of retirement and then adjust that amount annually for inflation. This strategy ...

Hardship withdrawals let savers tap their retirement funds early for an ... reduce your retirement savings. What is the rule of 55 and should you use it? For those reasons, hardship withdrawals ...