There are more ways than ever to use your retirement account as an ATM. But those transactions come at a cost.

Vanguard’s How America Saves 2026 report found the most common reasons for tapping a 401(k) in advance were to avoid ...

Dipping into your 401(k) before age 59½ usually means penalties, taxes and lost earnings. But there are some exceptions.

If you’re thinking about how to withdraw money from a 401(k) before retirement, you’re not alone. Life happens — from job loss to medical bills — and sometimes you need to access your retirement ...

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes up and you are unable to pay a rather large financial obligation. There ...

The good news is that low-income workers taking out hardship withdrawals are still saving, thanks to auto-enrollment.

Last year, a record number of workers in 401(k) plans plucked money from their accounts to pay for financial hardships, ...

While an early withdrawal from a 401(k) may have a long-term impact on your retirement fund, it is sometimes necessary. You should still try to limit such a withdrawal to situations that allow you to ...

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