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

You spent decades socking away money, watching balances grow, and planning for this moment. Saving for retirement felt safe, ...

That’s because of the required minimum distribution (RMD) law. Once you reach a certain age, you’re required to withdraw a ...

If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

How does it work? The 4% rule is a popular retirement withdrawal strategy that involves withdrawing 4% of your total retirement savings during your first year of retirement. In subsequent years, you ...

Before you decide how much money you're going to withdraw from your retirement savings, map out a budget for how much you ...

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...

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