The country's second-largest bank has unveiled a digital platform for retirement decisions — not on how to save, but how to ...

Understand the mechanics, benefits, drawbacks, tax implications, and alternatives of 401(k) loans and withdrawals. Protect ...

Many more individuals are now participating in 401(k) retirement plans than ever before. New regulations have made it easier for companies to offer 401(k) plans. The current regulations allow ...

A third of Americans’ financial assets are held in retirement plans, according to data from the Investment Company Institute. In September 2024, those accounts represented more than $42 trillion in ...

Most retirees tap their accounts in the wrong order, draining savings faster and triggering unnecessary taxes. This 5-step withdrawal plan could make your money last years longer.

Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. If you withdraw money from your 401(k) before you reach ...

There's typically a 10% early withdrawal penalty if you take money out of your 401(k) before turning 59 1/2. The IRS does offer some exceptions to this rule. Even if you qualify for an exception, ...

Roth IRAs allow for tax-free withdrawals in retirement. The only investments you can make in a 401(k) are those your plan provides, which can be limiting. Roth IRAs have early withdrawal exceptions ...

For most Americans, saving for retirement means opening an employer-sponsored 401(k) plan and contributing to it regularly. Ideally, those contributions will continue for decades, with no need to tap ...

Whether you have millions of dollars in your 401(k) or just a few thousand, once you leave your job, you have to make a decision on what to do with that money. For some retirees, it makes sense to ...