Learn about the new 401K rules for catch-up contributions and how they impact high-earning workers age 50 and older.

A 54-year-old with $4M in a 401(k) has eight times the average balance for people in their 50s. The rule of 55 allows penalty-free 401(k) withdrawals if you leave your job in the year you turn 55 or ...

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 take funds from your most recent employer's 401(k) without penalty if you ...

A new change tied to your retirement account could help cover one of the most expensive and often overlooked costs families face. Other WRAL Top Stories Under a new federal rule, some workers will be ...

The new rule will let you take up to $2,600 yearly from your 401(k) to pay for qualified long-term care insurance premiums without paying a 10% early withdrawal penalty if you're under age 59½. The ...

A 401(k) is a key retirement savings plan for many workers. Some rules are often missed but can help save money. These rules ...