However, the IRS gives people aged 55 an option to access their 401(k) penalty-free if they leave their jobs and want retirement fund access at 55. This "rule of 55" could save serious money if ...

One exception to the 401(k) early withdrawal penalty is known as the rule of 55, and it can allow you to take distributions from your 401(k) or 403(b) without having to pay a penalty. To use the ...

Here’s how it works — and how it could help fund an early retirement. The rule of 55 is an IRS provision that allows you to withdraw money from your 401(k) or other qualified retirement plan ...

The rule of 55 is an IRS guideline that allows you to avoid paying the 10% early withdrawal penalty on 401(k) and 403(b) retirement accounts if you leave your job during or after the calendar ...

The Internal Revenue Service (IRS) has introduced a new rule that allows retirement account holders to withdraw up to $1,000 ...

A summary of the current state of the IRS Broker Rule, declaring non-custodial front-ends for smart contracts brokers for reporting requirements. The rule establishes that custody over funds is not ...

The Internal Revenue Service (IRS) has issued an important deadline ... they can delay their first RMD until April 1, 2025. This rule applies to IRA owners and participants born after December ...

Between the holidays and New Years, the IRS used the last passing days of the Biden administration to finalize its long feared Broker Rule: a regulation requiring all cryptocurrency exchanges ...