The tax consequences of making 401k withdrawals depend on the type of contributions. Keep reading to learn how to avoid paying taxes on 401k withdrawals.

Vanguard’s How America Saves 2026 report found the most common reasons for tapping a 401(k) in advance were to avoid foreclosure or eviction (36%), to pay medical expenses (31%) ...

In times of financial hardship, it can be tempting to tap into your 401(k). But there are plenty of other options to explore ...

More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.

Dipping into your 401(k) before age 59½ usually means penalties, taxes and lost earnings. But there are some exceptions.

Last year was a record-breaker for early 401(k) withdrawals, according to Vanguard (1). All told, 6% of account holders in ...

A growing number of Americans are turning to their retirement accounts to cover immediate financial needs, even as overall ...

There's typically a 10% early withdrawal penalty if you take money out of your 401(k) before turning 59 1/2. The IRS does offer some exceptions to this rule. Even if you qualify for an exception, ...

There are more ways than ever to use your retirement account as an ATM. But those transactions come at a cost.