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 ...

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

In the course of this budgeting process, you may discover that you don’t have enough money to sustain you in retirement. If ...

Home Retirement Retirement Plans 401k Think Twice Before You Tap Your 401 (k) Early Penalty-free distributions have become more accessible, but they can be detrimental to your retirement security.

Paley says withdrawing 401 (k) funds early means withdrawing before the age of 59½, which is the minimum age to withdraw to avoid paying penalties and additional tax liabilities.

Paley says withdrawing 401 (k) funds early means withdrawing before the age of 59½, which is the minimum age to withdraw to avoid paying penalties and additional tax liabilities.

Spokane man pulled $400K from his 401 (k) for a house, aiming to be debt-free, but now he owes $140K to the IRS. Big lesson: Know the tax rules before tapping your 401 (k).

I Got Burned by the 401 (k) ‘Hierarchy Trap’ When withdrawing funds from your retirement account, be sure to check on the redemption protocols or you could unwittingly raise your risk profile By ...