Retirement

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Latest Retirement News

Can I Cash Out My 401(k) While Still Employed?

While some retirement plans allow in-service withdrawals, most discourage early access with penalties, taxes and missed growth potential. Before making…

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Should You Take a 401(k) Loan for Home Improvement?

Using a 401(k) loan for home improvement may feel like an easy solution to unexpected expenses. After all, you’re borrowing…

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Can a Child Collect the Pension of a Deceased Parent?

When a parent passes away, one of the biggest financial questions families face is whether their children can receive any…

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How to Repay a 401(k) Loan After Leaving a Job

Unlike traditional loans, a 401(k) loan is tied to your employer-sponsored retirement plan. That means your repayment options and timeline…

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What Happens If You Default on a 401(k) Loan?

If you default on a 401(k) loan, the balance is usually treated as a taxable distribution. This may result in…

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How to Avoid Taxes on a 457(b) Withdrawal: Strategies and Examples

Planning how and when to withdraw money from your retirement accounts can have a big impact on how much of…

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Will Converting $500k to a Roth IRA Affect My Medicare Premiums?

Medicare premiums are based on taxable income and a sudden increase can raise your costs. So if you are considering…

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Can You Max Out a 401(k) and an IRA? Strategies for Both

Combining a 401(k) from work with an IRA can help you grow savings faster and give you more options for…

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CD vs. Roth IRA: Which Should You Invest in for Retirement?

Certificates of deposit (CDs) and Roth IRAs play different roles in retirement planning. CDs provide fixed interest and are federally…

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Annuity vs. Roth IRA: Pros and Cons for Retirement Income

When planning for retirement, one of the biggest decisions you’ll face is how to generate consistent, tax-efficient income. Two common…

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