When it comes to retirement, most of us want to know where we stand compared to our friends and co-workers. The good news is that 401(k) contribution rates have reached a record high, according to ...
Withdrawals from a 401(k) before age 59 1/2 generally incur a 10% penalty plus income taxes. Penalty-free early withdrawals are allowed for hardships like medical costs or disasters. At age 73, RMDs ...