Key Takeaways Borrowing or withdrawing from your 401(k) leads to missed potential market returns.A withdrawal or loan reduces your investment base, forfeiting decades of compounding growth.Recovery ...

As more people turn to their 401 (k) accounts for hardship withdrawals, workers are jeopardizing their long-term retirement security and their ability to retire on time.

Many retirees are unprepared for the switch from saving to spending. Here’s how to turn your retirement savings into steady, sustainable income for life.

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes ...

The country's second-largest bank has unveiled a digital platform for retirement decisions — not on how to save, but how to ...

Retirement might seem like a distant event, but life moves fast. So, investing money for retirement as early as possible—like ...

When you leave a job, it is usually a smart move to take your 401(k) with you. That does not mean cashing it out, since doing ...

401 (k)s are tax-advantaged retirement plans, and they're subject to IRS rules about when you can take money out of your ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...