Key Takeaways Borrowing or withdrawing from your 401(k) leads to missed potential market returns.A withdrawal or loan reduces your investment base, forfeiting decades of compounding growth.Recovery ...
There are definite pros and cons to taking a 401(k) withdrawal for this.
Non-deductible IRA contributions can cause major headaches. Learn how a reverse rollover can avoid the pro-rata rule, ...
Many big home repairs can’t wait, but your retirement also needs protection. Learn if and when to use cash, a money‑market ...
Ideally, you'd approach retirement savings from multiple angles.
President Donald Trump is said to be drafting an executive order that would allow Americans to tap retirement and college savings accounts to help them pay for home purchases without incurring ...
But as awesome as IRAs and 401(k)s are, you should also be looking outside of these accounts in the course of saving for retirement. Here's why. You ne ...
The reality is sobering: The average 401 (k) balance of a Gen Xer is about $190,000, while the average balance for Boomers ...