Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of exceptions—including some new ones. Here’s the latest. One source Americans consider ...

In the past years, the SECURE Acts have expanded the hardship distribution rules to allow plan participants to take hardship withdrawals for multiple reasons. Additionally, the SECURE Act 2.0 provided ...

The association reports that in 2024, there were more than 70 million active participants in employer-sponsored 401(k) plans and millions of former employees and retirees who benefited from such plans ...

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 ...

ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial is waiving all COVID-19 related 401(k) distribution fees for the retirement plans it serves as recordkeeper and, moving forward, will permanently ...