Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be ...

Americans continued to prioritize retirement savings in the first quarter, even as some participants leaned on workplace ...

When taking a hardship withdrawal, the funds will be subject to income tax, and you may also need to pay a 10% early ...

Dipping into your 401(k) before age 59½ usually means penalties, taxes and lost earnings. But there are some exceptions.

More Americans are using 401(k) retirement accounts as personal ATMs. Last year, 6% of Vanguard retirement savers took hardship withdrawals from their 401(k) accounts, an all-time high. Hardship ...

More than one in three U.S. workers have taken loans, early withdrawals, or hardship withdrawals from their retirement savings, according to new data from the Transamerica Institute. Personal finance ...

It's not uncommon to find yourself in a financial crunch at any given time and needing a way to dig yourself out. Thankfully, you have options, such as borrowing from your emergency fund, a savings ...

When tax attorney Andrew Gradman thinks about 401(k) hardship withdrawals, he thinks of Puccini. In the opening scene of the opera "La Boheme," struggling artists Marcello and Rodolfo keep warm by ...