Vanguard’s How America Saves 2026 report found the most common reasons for tapping a 401(k) in advance were to avoid foreclosure or eviction (36%), to pay medical expenses (31%) ...

The tax consequences of making 401k withdrawals depend on the type of contributions. Keep reading to learn how to avoid paying taxes on 401k withdrawals.

Dipping into your 401(k) before age 59½ usually means penalties, taxes and lost earnings. But there are some exceptions.

Explore 401(k) withdrawal rules, from age requirements to tax implications. Understand strategies for minimizing tax ...

There are more ways than ever to use your retirement account as an ATM. But those transactions come at a cost.

More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes up and you are unable to pay a rather large financial obligation. There ...

In times of financial hardship, it can be tempting to tap into your 401(k). But there are plenty of other options to explore ...

Some people will spend decades saving and investing for retirement, only to discover that they missed a step along the way. That commonly "missed" step? Devising their plan for decumulation − in other ...

Tax-advantaged retirement accounts like a 401(k) or IRA are powerful saving tools. The key benefit of a 401(k) or IRA is the ability to defer taxes on savings. If you break the IRS' rules, you could ...

Americans are seeking financial relief and, in some cases, are even desperate enough to go against conventional financial wisdom. A record number of Americans are turning to their retirement funds to ...