Considering withdrawing from your retirement account to pay debt? Learn how this common mistake can impact your future and ...

Nearly seven percent of retirees fail to take their required minimum distributions from retirement accounts each year, a ...

Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.

Some people will spend decades saving and investing for retirement, only to discover that they missed a step along the way. That commonly "missed" step? Devising their plan for decumulation − in other ...

Financial advice professionals have used the 4% rule as a benchmark for advising their clients in scheduling their retirement account withdrawals for decades. It has now become a regular part of the F ...

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...

Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your ...

Adults 50 and older are allowed to save much more than their younger counterparts in their retirement accounts. The Rule of 55 helps you skirt the 10% early withdrawal penalty on your 401(k) from your ...

It’s unclear whether the president could remove penalties for retirement account withdrawal without congressional support ...