Retirement planning can be complicated. It's also highly individual, so there's no easy way to calculate exactly how much ...

However, if you can find another way to get the money you need, it's best to do so. Even if you pay back your disaster relief distributions, you're still taking money out of your retirement accounts, ...

Planning for retirement is essential, but life's unexpected circumstances may lead some individuals to consider early withdrawal from their 401(k) accounts. While tapping into retirement savings ...

From return-to-office mandates to the reappearance of Schedule F, many feds may be finding themselves on a fast track to ...

Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

Now I know what you’re thinking. Retiring at age 50 would make Mark something of an outlier, as most people plan their ...

If you’ve been affected by a major disaster, such as the wildfires in California, you may be eligible to tap your retirement funds early and without a penalty. Here's how.

Many people work hard to build up savings for retirement. But retiring with a nice-sized nest egg is only half the battle. It ...

What does our 2024 research reveal as the highest safe withdrawal rate? For many investors, 4% has traditionally been seen as the ideal retirement withdrawal rate. However, Morningstar researchers ...

If you make withdrawals before you reach age 59 ½ , you will be required to pay Uncle Sam a 10% early withdrawal penalty as well as regular income tax on your investment earnings. (The amount you ...

Lifetime spending is still higher over the full 30-year period than it is for the base case with Social Security starting at age 67, but the steeper withdrawals early in retirement lead to a ...

Employers are increasingly adopting provisions from SECURE 2.0, a federal retirement law passed in 2022, that may make it ...