Key Takeaways One-third of individuals who have Vanguard-administered 401(k) plans and left a job in 2023 withdrew their balance in a lump sum rather than rolling it over to their new job or another ...

While some retirement plans allow in-service withdrawals, most discourage early access with penalties, taxes and missed growth potential. Before making a move that could undermine your long-term ...

A 401(k) retirement account is supposed to be hands-off. It’s not your money, in theory, but savings for the future you. And yet, when Americans leave jobs, one-third of them cash out their 401(k) ...

Had it not been for a phone call from a friend, I would've made one of the worst financial decisions of my life. Long before I discovered or even knew what The Motley Fool was, I was a teacher at an ...