#401k-withdrawals

[ follow ]
Retirement
fromEntrepreneur
6 days ago

Why Workers Are Draining Their 401(k)s at Record Rates

Hardship 401(k) withdrawals reached record highs of 6% in 2025 despite booming markets and record account balances, driven primarily by housing and healthcare costs.
from24/7 Wall St.
2 weeks ago

Retiring in Florida vs. Texas: Which State Taxes Your 401(k) Less?

Neither state will collect state income tax, which means any 401(k) withdrawals, IRA distributions, pension payouts, and Social Security benefits are all untouched at the state level. The advantage shared by both states is also what makes this comparison all the more interesting. If neither state takes a cut of your retirement income, then the real question isn't about your 401(k) at all.
Retirement
#housing-policy
fromFortune
1 month ago
US politics

Trump doesn't want America to be 'a nation of renters,' but experts say at least one of his proposals may put homeownership more out of reach | Fortune

fromFortune
1 month ago
US politics

Trump doesn't want America to be 'a nation of renters,' but experts say at least one of his proposals may put homeownership more out of reach | Fortune

Retirement
from24/7 Wall St.
3 months ago

Dave Ramsey Says Paying Off Your House With a 401(k) Is a Huge Mistake

Avoid early 401(k) withdrawals because taxes and penalties can eliminate roughly 40% and worsen debt; prioritize paying off debt and preserving retirement savings.
from24/7 Wall St.
5 months ago

Will Boomers' 401K Withdrawals Create a New Market Drag as They Retire?

To be honest, I'm not at all surprised this question is coming up, although it's likely to have come up dozens of times in the same subreddit, as it's been a hot topic for as long as most of us can remember. There is no question that the baby boomer generation, which ranges from those born in 1946, immediately after World War II ended, all the way to those born in 1964.
Retirement
[ Load more ]