A layoff at 59 with $1.5 million in a 401(k) feels manageable. The money is there. But the gap between age 59 and 59½ is one ...

You don't need us to remind you how challenging the economy is—it's completely understandable that hardship withdrawals from 401(k)s hit a record high last year. But you may be surprised to learn that ...

The Rule of 55 allows penalty-free 401(k) withdrawals starting at 55 for those who separate from service, closing the gap for early retirees before age 59½, but only applies to the current employer’s ...

Tax-advantaged retirement accounts aren't exactly known for their liquidity, and that's largely thanks to a number of pretty strict rules, with only a few exceptions, governing when you can pull out ...

If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

A special rule gives you access to your 401(k) if you leave your job the year you turn 55 or later. Just because you're allowed to tap your 401(k) doesn't mean you should. Also, make sure to ...

Qualified distributions are allowed at age 59½, but an exception may allow you to make a penalty-free withdrawal ...