Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Most retirement accounts ...

There’s usually a 10% early withdrawal penalty if you take money from a traditional retirement account in your 50s or younger, but there are a few exceptions to the penalty. A substantially equal ...

The 10 percent early (premature) distribution tax ( Q 3677) does not apply to distributions that are part of a series of substantially equal periodic payments made at least annually for the life or ...

Tax-advantaged retirement accounts provide you with valuable retirement benefits. In exchange, you agree to lock up your money for the long term. Need early access to your retirement savings? The ...

A reader wants to know if it matters whether he takes a substantially equal periodic payment or his wife does. A reader wants to know if it matters whether he takes a substantially equal periodic ...

In general, you can't withdraw from your IRA or qualified retirement plan, such as a 401(k) or 403(b), until you reach 59 1/2 years of age. However, there's an exception that says if you're willing to ...

There's usually a 10% early withdrawal penalty if you take money out of your 401(k) under age 59 1/2. The Rule of 55 lets you ...

Except in the event of death or disability, a change in payouts after the series has begun generally will constitute a “modification” and will trigger the early distribution penalties discussed in Q ...

My wife and I plan to retire before age 59 ½. How many different 72(t)s can a household utilize? For example, if I have two ...

The Great Resignation is translating into a flood of early retirements. When the decision to retire has been made suddenly, there are challenges and roadblocks that can cost the retiree dearly. Many ...