There's a New Exception to the 401(k) Early Withdrawal Penalty. Should You Use It?

There are definite pros and cons to taking a 401(k) withdrawal for this.
Hosted on MSN

Need penalty-free retirement withdrawals? Meet the rule of 55 and rule 72(t)

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.
MiBolsilloColombia on MSN

Smart money moves for 2026: 529 to Roth rollover & rule of 55

Take control of your finances in 2026 with these expert strategies. Learn about the 529-to-Roth IRA rollover, the Rule of 55, ...
AOL

54-Year-Old With $4 Million in 401(k) Can Retire Early Using Rule of 55 Strategy

A 54-year-old with $4M in a 401(k) has eight times the average balance for people in their 50s. The rule of 55 allows penalty-free 401(k) withdrawals if you leave your job in the year you turn 55 or ...
WRAL

New 401(k) rule allows penalty-free withdrawals for long-term care before age 60

A new change tied to your retirement account could help cover one of the most expensive and often overlooked costs families face. Other WRAL Top Stories Under a new federal rule, some workers will be ...