Key Points The rule of 55 allows penalty-free 401(k) withdrawals only from your current employer’s plan after separation. Funds in old 401(k) accounts from previous employers remain subject to the 10% ...

Sometimes, not always, when a person dies — even if they left a will — a legal process called probate ensues. Probate is ...

I’m 60 and have been diagnosed with a terminal illness that will require constant costly care. How can I set up my retirement accounts to pay for it? Preparing for retirement is a decades-long process ...

Here are some top ways retirees wasted money in 2025, including misaligned healthcare plans, home upgrades and more. Learn ...

With a self-directed IRA, you can take an in-kind distribution—transferring ownership of an asset to yourself—to satisfy your ...

If you are turning 62 soon, you need to avoid making a decision that could shrink your Social Security benefits substantially ...

This change stems from the 2022 SECURE 2.0 Act, though the IRS only finalized the rules a few months ago. As for why this is ...

One powerful strategy is to make a plan. Start being proactive about getting in better shape financially. I don't mean to be ...

Missed payments and strange withdrawals aren't just forgetfulness. These 9 red flags mean your aging parents need financial ...

My monthly income: My state pension is £959.84 per month. I do ad hoc work as a live-in carer. This ageing is primarily due ...

I am 41 years old and have just retired from the service. I have $1.2 million in four different accounts, three of which are IRAs. I bring in $7,200 a month from my pension and disability benefits.

According to Taylor, the distinction between the average middle-class mindset and that of millionaires lies in one word: ...