IRS rule changes will require some older workers to make 401(k) catch-up contributions with after-tax dollars.
While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) ...
There are pros and cons to withdrawing from your 401K in a pinch. Learn more about the pros and cons, penalties, and rules in this.
Catch-up contributions allow workers aged 50 and older to save extra money into their retirement accounts in addition to the ...
New IRS regulations are changing 401(k) catch-up contribution rules for workers aged 50-plus who earn over $145,000 by ...
A Roth IRA gives you tax-free growth and withdrawals in retirement. Take money out too soon, however, and you'll face income taxes plus a 10% tax penalty.
Retiring early with a 401(k) requires understanding how to access funds before the standard retirement age without triggering ...
This early retirement hack lets you tap your retirement savings without tax penalties. But you must plan well.
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 ...