Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.

IRAs are tax-advantaged accounts that the government has strict rules for. Withdrawals made before age 59 1/2 typically have a 10% early withdrawal penalty. Explore all the possible strategies you can ...

If you’ve been saving for retirement, you’ve probably wondered: when can I actually take money out of my 401(k) without paying penalties? The IRS has very specific 401(k) withdrawal rules, and ...

Saving for retirement in a traditional IRA or 401(k) can make more sense than socking money away in a Roth account. That’s ...