A 401(k) hardship withdrawal is the process of accessing funds in your workplace 401(k) account before the retirement age of 59 ½. Typically, there are penalties for withdrawing funds before ...

The funds you stash in your 401(k) plan are intended for your future retirement. But sometimes life throws you a curveball, and you need money fast. In those cases, you may be able to tap into your ...

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...