"This new rule offering retirement savers the opportunity to withdraw $1,000 is helpful because not all people have a 401(k) to take a loan from instead," said Brian Kuhn, a certified financial ...

A 401(k) loan provides a means of utilizing retirement ... which your retirement funds see stifled growth as you continue to draw down funding for present day expenses. In some instances, a ...

PNN New Delhi [India] November 18 The most important part of money management today is what will happen in retirement as ...

For workers age 50 and older, the catch-up contribution is $7,500, unchanged from 2024. That means older workers may ...

Alden and Dena Swartz draw nearly $4,000 a month from Social Security ... forcing her to spend all of her modest 401(k) ...

There are some alternatives to credit card debt that Pollack and her organization do not recommend, such as borrowing against ...

Flexible spending accounts, or FSAs, are typically use-it or lose-it accounts. That means you usually can't roll over funds ...

“In general, if you have accrued high-interest debt or loans, it is likely the interest ... “Far too often, we see 401(k) participants drawing from their 401(k) early for a financial hardship ...

These include lines of credit, cashing out an insurance policy, or pulling money from a 401(k) or other retirement plan ...

An employer-sponsored 401 (k) is a retirement savings plan that offers significant tax benefits. As a result of these tax ...