401(k) - Kievdiplomatique

Should You Use Your 401(k) to Help Pay Off Your Mother's Credit Card Debt?

Considering whether to withdraw from retirement savings to assist a parent with significant debt raises important financial questions.

Editorial Staff 2 days ago

Crypto Digital Assets

Maxine Waters Calls for Withdrawal of Crypto Proposal in Retirement Accounts

Maxine Waters, a leading Democrat on the House Financial Services Committee, has urged the Department of Labor to retract its proposal allowing cryptocurrency in 401(k) plans.

Editorial Staff 4 days ago

World North America

Navigating the Complexities of Inheriting a 401(k) to Avoid IRS Penalties

Inheriting a 401(k) from a deceased parent can lead to a 25% IRS penalty if withdrawal rules are not adhered to. Understanding these rules is essential.

Editorial Staff about 1 month ago

#401(k)

Should You Use Your 401(k) to Help Pay Off Your Mother's Credit Card Debt?

Maxine Waters Calls for Withdrawal of Crypto Proposal in Retirement Accounts

Navigating the Complexities of Inheriting a 401(k) to Avoid IRS Penalties