Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why ...

Generally, you should only make 401(k) withdrawals as you enter retirement, but there are certain situations in which you may do so earlier in life. Generally, withdrawing money from a 401(k) can take ...

A vast majority of American workers participate in and rely on 401(k) plans to grow and fund their retirement. The way 401(k) plan participants maximize its benefits is to contribute enough of their ...

Qualified distributions are allowed at age 59½, but an exception may allow you to make a penalty-free withdrawal Fact checked by Betsy Petrick Reviewed by David Kindness Employer-sponsored 401(k) ...

Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. If you withdraw money from your 401(k) before you reach ...

You can access money in your 401(k) only in certain circumstances. All 401(k) withdrawals from pretax accounts are subject to income tax, and an early withdrawal may also be subject to a 10% penalty.