Most retirement accounts generally can’t be accessed before you reach age 59½ without incurring a penalty for early withdrawals. However, early retirees can still access their funds by taking what is ...

In general, you can't withdraw from your IRA or qualified retirement plan, such as a 401(k) or 403(b), until you reach 59 1/2 years of age. However, there's an exception that says if you're willing to ...

You can make costly mistakes if you don't follow them Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have ...

In PLR 201120011 (Feb. 11, 2011), the Internal Revenue Service (Service) ruled that nonqualified annuity payouts that automatically increase by a fixed percentage are not within the “substantially ...

There's usually a 10% early withdrawal penalty if you take money from a traditional retirement account in your 50s or younger, but there are a few exceptions to the penalty. A substantially equal ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Most retirement accounts ...