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Getting divorced can raise some important financial questions, including how to handle the division of retirement assets. If you and your soon-to-be former spouse have individual retirement ...
Planning for an early retirement requires wrestling with complex variables, including healthcare costs, portfolio returns and withdrawal rates. As a 48-year-old divorcee with a $550,000 IRA and ...
His company urges employers to consider 401(k) plans because they can build wealth faster than a CalSavers IRA — they allow employers to contribute to their workers' retirement accounts and let ...
The good news is that you can withdraw your 401(k) if you get laid off. Since a 401(k) is a tool for retirement savings, the money remains yours even if you no longer have a job.
Spousal and divorce benefits can be a lifeline for many older adults, but it's important to know how any changes to Social Security might affect your retirement. By keeping these updates on your ...
The same rules apply to a Roth 401(k), but only if the employer’s plan permits. In certain situations, a traditional IRA offers penalty-free withdrawals even when an employer-sponsored plan does ...
In the case of IRAs, you can avoid a 10 percent penalty on IRA withdrawals related to medical hardship, among other reasons. But the hardship amount must be the difference between the actual need ...
Many people are successful in saving money for retirement through IRAs. But if you need that money before you retire, there are often big penalties and other consequences. Is there any way to ...
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