One of the biggest "cons" of a 401k or IRA is that your money is "locked up" until retirement. But did you know that there are ways to withdraw money early - without penalties? Investing money into ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up contributions and Health Savings Accounts (HSAs).

Tapping a 401(k) before age 59 and 1/2 usually results in an early withdrawal penalty. A special rule might allow you to access your 401(k) without a penalty at 55. It’s important to know how this ...

For most Americans, saving for retirement means opening an employer-sponsored 401(k) plan and contributing to it regularly. Ideally, those contributions will continue for decades, with no need to tap ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. MoMo Productions / Getty Images The average 401(k) balance for ...