If you’re in a position where you are considering using funds from your 401(k) to take out a loan, the bottom line is that ...

When you borrow money from a 401k, investments in your 401k account are sold so cash can be distributed to you upfront.

The two problems can collide when someone is forced to tap a retirement account like a 401(k) or IRA early in order to cover ...

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

A 401(k) loan allows you to borrow money from your own ... you’re bound by IRS rules. Default on the loan, and you’ll owe both a 10% penalty and taxes on the outstanding balance if you're ...

Under the 2022 federal retirement law known as Secure 2.0, people affected by federally declared disasters can take up to $22,000 from their 401 (k), individual retirement accounts or other retirement ...

When I was applying to college, the process was kind of depressing because I knew my parents didn’t have much money to ...

Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other ...

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

The U.S. Department of Labor (DOL) on Jan. 16, 2025, released its long-awaited proposed regulation interpreting the definition of ...

The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...

New Income Tax Bill 2025 LIVE Updates: The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during ...