You can take a loan from your 401(k) plan if necessary, but it runs the risk of jeopardizing your long-term retirement goals, ...
Whether you're self-employed now or plan to start a small business in retirement, a Solo 401(k) is an ideal way to keep your ...
Money put aside in your 401(k) plan is for retirement and retirement only, according to money expert Suze Orman. Despite that ...
Are you going back to work after retiring? These are some of the financial strategies that can maximize your nest egg.
Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...
Generally, you should only make 401(k) withdrawals as you enter retirement, but there are certain situations in which you may do so earlier in life. Generally, withdrawing money from a 401(k ...
You're not entirely out of luck if you don't live in one of the 13 states where retirement income isn't taxed. At least some retirement income is exempt from income taxes in many other states. For ...
Planning for retirement is crucial, and understanding the different savings options can make a significant difference in your ...
Creditors may be open to setting up a payment plan that will spare your retirement funds. Let’s say you’ve run through these steps and have opted to take a 401(k) hardship withdrawal.
When you leave a job, it’s generally a good idea to take your 401(k) plan with you. This doesn’t mean you should cash it out, ...
Access to the plans has been widening, especially among small businesses, and more companies are automatically enrolling ...