401(k) plans are typically set up to allow withdrawals starting at age 59 1/2. Individuals who ... How Long Will Your Retirement Savings Last? This free calculator estimates how far your ...

If your retirement plan allows it, you can withdraw from your 401(k) before the age of 59 ½. But in most cases, you’ll be hit with some hefty financial consequences. “Typically, withdrawing ...

To avoid a premature withdrawal ... or other retirement plans. This calculator also considers your estimated life span, ...

Normal distributions from a 401(k) can begin at age 59½. Normal 401(k) Distributions Under IRS rules, investors can withdraw funds from their 401(k) account without penalty only after they reach ...

To use the rule of 55, you’ll need to: Be at least age 55 or older. Have a 401(k) or 403(b) that allows rule of 55 withdrawals. Have left your employer voluntarily or involuntarily in the year ...

Retirement plans such as 401(k)s and IRAs are powerhouse savings accounts, giving you a tax break either when you contribute to the account or when you withdraw your money — plus taxes are ...

If you plan to dip into your 401(k) at 55, you can do so without a hefty tax penalty in certain circumstances. But should you? A recent MassMutual survey found that the average age for Americans ...