If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

Nearly seven percent of retirees fail to take their required minimum distributions from retirement accounts each year, a ...

The penalty for missing an RMD has been cut from 50% to 25%, and can even be 10%. Learn about the new, less punitive rules ...

This new rule will give families more flexibility by allowing some people to tap into their retirement savings early without the usual penalty, to help cover the cost of long-term medical care even ...

Many Vanguard clients in their 70s and above missed required minimum distributions from retirement accounts in 2024. Missing ...

Considering withdrawing from your retirement account to pay debt? Learn how this common mistake can impact your future and ...

We've tracked this promise on penalty-free 401(k) withdrawals since President Barack Obama took office. It seems like it's time to stick a fork in it and declare it done. The measure, which Obama ...

Retirement no longer feels far off for Generation X – those born between 1965 and 1980. A fortunate few may have already exited the workforce and many more will follow in the next two decades. Early ...

The majority of Americans wouldn't be able to cover an unforeseen $1,000 expense with money from their own savings, according to Bankrate's 2024 emergency savings report. But a relatively new rule may ...