Key Takeaways One-third of individuals who left a job withdrew their balance in a lump sum rather than rolling it over to their new job or another account.Cashing out before age 59 1/2 incurs a 10% ...

Although employers have been allowed since 2024 to offer two new emergency savings options tied to 401(k)s, few have done so.

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 ...

There are definite pros and cons to taking a 401(k) withdrawal for this.

Taking money from your traditional IRA can trigger a 'tax torpedo' on your Social Security benefits. Learn how combined ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...

For years, financial experts have stood by the 4% rule for managing retirement plan withdrawals. If that's not enough income for you, you may be able to go higher. You'll need the right mix of ...

SAN DIEGO (KGTV) — If you were born before 1952 and have traditional investment plans, there are some important withdrawal requirements you need to meet or else you may have to deal with penalties.

Question: I’m preparing for retirement and trying to figure out where I should go for money to meet my income needs. I understand that it’s important to start by withdrawing from some accounts and ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, and portfolio mix still matter.