Essentially, 401(k) plans allow account owners to borrow from their account balance under certain loan conditions. Best of all, you can usually set up this loan on your own, without needing any ...
In the pursuit of financial security, a cautious and informed approach to managing retirement savings is essential to avoid ...
There are pros and cons to withdrawing from your 401K in a pinch. Learn more about the pros and cons, penalties, and rules in ...
For decades, the “4 percent rule,” laid out by renowned financial adviser William Bengen, served as the north star for ...
If you’re in your early 60s and have a 401(k), 403(b) or other workplace retirement account, you can supersize your ...
If you're planning to retire, you might have some trouble qualifying for a mortgage. Here's what lenders can — and can't ...
Aging in place doesn't just mean staying in your forever home. It also means making necessary renovations to make life ...
New research reveals undiagnosed cognitive decline can cost retirees tens of thousands of dollars through bad investments or ...
This is because when you borrow from your retirement account, you're taking away the potential for that money to keep growing over time — especially if you withdraw your entire balance.
The Department of Labor (DOL) is developing a ‘Retirement Savings Lost and Found’ database to help workers locate missing ...
Seniors contemplating a reverse mortgage should familiarize themselves with these five facts before getting started.