Learn the ins and outs of 401(k) withdrawals and potential penalties before making any moves with your retirement money.

For many Americans, the dream of retiring early is often hindered by the IRS’s 10% early withdrawal penalty on distributions ...

If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

Editor’s note: "The Rule of 55" is part eight of an ongoing series focused on how to retire early and the FIRE (Financial Independence, Retire Early) movement. Part One is How to Retire Early in Six ...

401 (k)s are tax-advantaged retirement plans, and they're subject to IRS rules about when you can take money out of your ...

The rule of 55 can benefit workers who have an employer-sponsored retirement account such as a 401(k) and are looking to retire early or need access to the funds if they’ve lost their job near the end ...