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 ...
At age 73, most retirees must start required minimum distributions from pretax accounts. Certain heirs with an inherited ...
As of 2025, the average 401(k) balance for Americans in their 50s is around 490,000 dollars. That means a 54-year-old with 4 ...
A 401(k) hardship withdrawal lets you take money from your retirement savings to cover an urgent financial need — like medical bills, tuition or preventing foreclosure. But while hardship withdrawals ...
Quick Read IRA contribution limits are rising to $7,500 for savers under 50 and $8,600 for those 50 and over. 401(k) limits ...