Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

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

For most Americans, saving for retirement means opening an employer-sponsored 401(k) plan and contributing to it regularly.

be prepared to pay tax on the amount you take out. All withdrawals from a traditional 401(k) plan are subject to income tax. With a Roth 401(k), only gains may be subject to income tax when making ...

Many more individuals are now participating in 401(k) retirement plans than ever before. New regulations have made it easier for companies to offer 401(k) plans. The current regulations allow ...

Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with an average $10,708 loan amount. Using a 401(k) loan can be useful, but ...

More Americans than ever are dipping into their retirement prematurely, and experts warn it could have serious consequences ...

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 ...

Can I withdraw my 401(k) if I get laid off? Learn your options, tax penalties and strategies to manage your retirement ...

The distribution amount will permanently reduce the amount you’ll have in the plan at retirement. You must pay income tax on any previously untaxed money you receive as a hardship distribution.