Although you should always aim to take your RMDs to avoid penalties, if you happen to forget, you can possibly have your ...

To be clear, you probably don't want to keep all your retirement savings in a taxable account, because that means losing out ...

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

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

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 ...

If you’re nearing retirement or thinking about it, the last thing you want to do is run into financial setbacks.

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 ...

You probably know that taking money out of your retirement account before age 59.5 will probably trigger early distribution penalties. But did you know that there are others? Here are the top three ...

We've received several e-mails from readers who say they're facing difficult times financially and want to know the status of Obama's pledge to ease penalties for early withdrawals from 401(k) ...