Should You Cash Out Your 401(k) in a Lump Sum?

You can take withdrawals from your 401(k) before you retire but in most cases you will pay a penalty in addition to income ...
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If You Retire at 55, Here’s What You Need to Know About Accessing Your 401(k)

With a 401(k), you could face an early withdrawal penalty for removing funds before turning 59 1/2. Under certain circumstances, you can access your 401(k) penalty-free at age 55. Make sure you know ...

401(k) Balances in Your 40s and 50s: How Does Yours Stack Up Against the Average?

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up contributions and Health Savings Accounts (HSAs).
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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 ...
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Penalty-free 401(k) access expands, but most won't use it well

New federal rules are quietly turning workplace retirement plans into a more flexible source of cash for emergencies, medical needs and even long term care. The policy shift is meant to help workers ...