Recent research reveals retirees withdraw just 2.1% of their savings annually—about half the amount experts recommend. Here's ...

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.

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...

Key Takeaways One-third of individuals who have Vanguard-administered 401(k) plans and left a job in 2023 withdrew their ...

The new change to catch-up contributions could mean you’ll have more taxable income in the next filing year. For ...

Your spouse’s employer plan may force you into withdrawals sooner than you think. Here’s what you need to know.

A 401(k) is an employee-sponsored retirement plan offering tax advantages. You contribute a chosen percentage of your income, which is then automatically withheld from each paycheck by your employer ...

If you're turning 60 in 2026, there are a few important 401(k) rules you need to know, including new contribution limits, tax changes, and where to find help.

Early 401(k) withdrawals are those you make under age 59 1/2 without a qualifying reason. You'll pay a 10% early withdrawal penalty on top of ordinary income taxes. Consider early 401(k) withdrawals ...

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 ...

It’s important to recognize that 401(k) withdrawals in retirement are taxable. Increasing your taxable income could also mean facing taxes on Social Security and higher Medicare premiums. A Roth 401(k ...

New Digital Capabilities Modernize Retirement Planning and Payments for Plan Participants NEW YORK, Nov. 13, 2025 /PRNewswire/ -- Bank of America is launching 401k Pay, a unique new solution designed ...