ChatGPT has named the 19 greatest British goalkeepers in football history, including David Seaman, Neville Southall and ...

You might also find yourself considering borrowing from your 401(k). While a 401(k) loan is often quick and typically cheaper than other types of credit, it could also end up jeopardizing your ...

The benefit of a 401(k) loan is potentially having an easier time accessing your money and paying interest to yourself instead of a bank. The problem is that if you don’t repay your loan ...

A 401(k) loan that isn’t repaid on time is treated like a retirement plan withdrawal. If you’re not yet 59 and 1/2 years old, that means you’ll risk a 10% early withdrawal penalty on the sum ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The 401(k) system, introduced in 1978, is showing its age and grappling with ...

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 ...

You may also be able to access your 401(k) funds through a 401(k) loan. This type of loan allows you to borrow against your retirement savings and repay the loan with interest over a specified ...

The idea of becoming a 401(k) millionaire may seem unrealistic to some. After all, most people just don't seem to earn enough money at their jobs to amass a seven-figure account with their ...

It took nearly 50 years, but half of private-sector workers are saving in 401(k)s for the first time. Long after workplaces started using these retirement plans in place of traditional pensions ...

It’s hard to hand over a big portion of your retirement savings when you’re old or getting there. Every fiber in your being shrieks “mistake.” And sometimes it is a mistake, as it was for ...