Vanguard recently released its 2025 report on how America saves. It revealed a record 4.8% of 401(k) holders took a hardship ...

Hardship withdrawals typically come with steep penalties. On top of federal and state income taxes, you might be required to ...

Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...

While this sell system is designed to preserve the growth portion of a portfolio, it comes with a downside: Money can be withdrawn from funds in a retiree’s portfolio that they had no intention of ...

Today, the median 401 (k) balance for top-decile earners is about 10 times that of middle-income participants. Indeed, plan participation, balance amounts, and investment outcomes remain skewed toward ...

The financial services firm’s guidance takes a different path than the traditional 4%-a-year strategy. Researchers compare ...

A 401 (k) hardship loan allows you to borrow money from your own retirement savings, with interest, and repay it over a specific period. Whether you can borrow from your 401 (k) depends on your ...

There are three things to do with your 401 (k) when you retire: Leave it alone, roll it into an IRA or withdraw the money. Compare payout policies and fees to an IRA.