Introduction: Transitioning jobs or retiring can be an emotional time, filled with excitement and nervousness. Amidst this change, it’s crucial not to overlook your old 401(k) or 403(b) retirement plan with your previous employer. The decisions you make regarding these funds can significantly impact your financial future. Here’s a comprehensive guide to help you navigateContinue reading “Making Smart Choices with Your Old 401(k): A Guide to Your Retirement Funds”
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Unlocking Retirement Funds: Understanding Early Withdrawal Exceptions
It isn’t always easy to withdraw money early from retirement accounts without paying a penalty. But, in fact, it may be easier than you think. That’s because the Secure 2.0 Act, which was signed into law in December 2022, included more than 20 rules that address exceptions that waive the 10% early-distribution penalty for withdrawalsContinue reading “Unlocking Retirement Funds: Understanding Early Withdrawal Exceptions”
