A shift in 401 (k) withdrawals would lower “the psychological barrier” to tapping retirement assets for non retirement goals, says Bob Ruelle of Apollon Wealth Management.
Now, a new rule allows you to take up to $2,600 from your 401 (k) this year to pay for long-term care insurance premiums ...
Does it make good financial sense to raid your retirement for a home purchase?
If you have a large 401(k) balance, you’re in a good position heading into retirement. Far too many people have too little ...
Changes to 401(k) policies usually take time, and many retirees are unaware of new regulations. Here are some important recent updates in 401(k) rules.
Early 401(k) withdrawals are those you make under age 59 1/2 without a qualifying reason. You'll pay a 10% early withdrawal penalty on top of ordinary income taxes. Consider early 401(k) withdrawals ...
With a Roth 401(k), you give up a tax break on your contributions. Despite that drawback, Roth 401(k)s offer a host of benefits. Not only can a Roth 401(k) give you access to tax-free income in ...
A proposed bill would allow workers 50 and older to roll over 401(k) funds into annuities and simplify 401(k) rollover information provided to workers departing from jobs.