Learn what a hardship withdrawal is, who qualifies, how it’s taxed and smarter ways to handle financial emergencies without draining your 401(k).

A major reason not to set your retirement plan on autopilot: sequence of returns risk. A flexible strategy with cash reserves ...

Because everyone deals with a different set of circumstances, there's no single set of rules to tell you in which order to make your withdrawals. However, as the following scenario will show, a good ...

A lot of people think saving money for retirement is the hard part. Some actual retirees might tell you that’s the easy part.

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance from Dec. 31 of the preceding year. For instance, to calculate RMD amounts ...

The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the ...