While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) ...

IRS rule changes will require some older workers to make 401(k) catch-up contributions with after-tax dollars.

As President-elect Donald Trump prepares to take office in 2025, his proposed policies could reshape retirement savings by ...

Discover how the IRS's Rule 72(t) lets you make penalty-free withdrawals from IRAs and other retirement accounts, including key calculations and examples.

Starting in 2026, people aged 50 and older who earn more than $145,000 a year at one employer will face a big change in how ...

The IRS issued new regulations last month to implement a provision of a 2022 law known as the SECURE 2.0 Act, which requires ...

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...

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.

The number of hardship withdrawals from 401(k)s is growing. Learn what’s driving the trend, the risks and smarter ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...

Some of the expenses you face during your working years might shrink once you retire. Take transportation. If you're not ...