The Early Retirement Hack to Help You Dodge Penalties
SEPP can be a lifeline for those aiming to retire in their 40s or 50s – a goal for many in the FIRE (financial independence, ...
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Retiring Early? Here's How You May Be Able to Tap Your 401(k) Without a Penalty
The good news is that in some cases, you can tap your 401(k) early without facing a penalty. But you'll need to know how the rules work in that situation. You may be able to get your retirement money ...
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If your household brings in $200k per year, this is how much you need saved to retire at 65
If you have maxed it out, consider investing in a taxable brokerage account. This provides flexibility as you won’t face ...
What Happens if You Don't Take Your Required Minimum Distribution (RMD) in Retirement?
RMDs are required annual withdrawals. The exact amount varies depending on your age and account balance at the end of the ...
3 New Required Minimum Distribution (RMD) Rules Everyone Should Know For 2024
The new rule applies to anyone who inherited an IRA from someone who passed away after Dec. 31, 2019. There are exceptions ...
3 Reasons You Should Go With a Roth Account for Retirement Savings
When building your nest egg, you have several places to put your savings, the most common being traditional 401(k) plans and ...
Retirement Withdrawal Strategies: Maximize Savings and Minimize Stress
Discover smart retirement withdrawal strategies to maximize your savings, reduce taxes and enjoy a stress-free retirement.
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A new dawn for legacy retirement annuities: Reduced penalties … should you move?
Legacy retirement annuities (RAs) are retirement annuities that were issued before 2005. These older RAs often come with ...