Turning fifty-nine and a half doesn't exactly sound like a milestone birthday worth celebrating with cake and candles. Yet for your retirement savings, this specific age marks one of the most ...
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 ...
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.
401(k)s offer fewer investment options than IRAs. You typically can't withdraw your funds before age 59 1/2 without penalty. You may do better by spreading your money across several retirement ...