There are often penalties attached to taking early withdrawals from retirement accounts, but there are also some exceptions.

While it’s not a magic early retirement tool, this tax break may be an option for people who want to tap into their 401(k) ...

While it’s not a magic early retirement tool, this tax break may be an option for people who want to tap into their 401(k) ...

Accessing retirement funds early is possible via the Rule of 55 or 72(t), but experts warn of complexity and risks.

If you have a 401(k) and you’re staring down age 55, the IRS has a quiet exit door most people walk right past. It’s called ...

Older Americans typically can't make tax-free withdrawals until they reach 59 ½, but this rule waives the 10% penalty.

A 50-year-old fire captain in Ohio walks out of the station for the last time with a pension election form, a deferred compensation statement, and roughly $700,000 sitting in her employer’s 401(k) and ...

It’s the dream of many — retire early so you can live the life you really want to live. But is it feasible? With careful planning, you can work around those important milestones like age 59 ½ for ...

The rule of 55 allows former employees to access their 401(k) savings penalty-free before the typical threshold of 59½.

Quick ReadThe IRS Rule of 55 eliminates the 10% early withdrawal penalty on 401(k)s for workers who separate from service in ...

Planning to leave the workforce early? These sources of income can get you through the initial years without a steady ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...