Can I Cash Out My Old 401(k) And Take The Money?

Is it ever okay to cash out your 401k early?

Can you cash our your 401(k) and take the money? Technically, yes. But you probably shouldn’t. Cashing out early will cost you huge in penalties and lost growth over the next few decades.

How Much Should Be In Your 401(k) At 30?


More than ever, 20-somethings need to start saving early for retirement. Get guidelines on how much you should have in your 401(k) or IRA by age 30.

Stop! Never Withdraw From Your 401(k) To Pay Creditors

Who Can Seize What You’ve Saved In Your 401k-

Withdrawing from your 401(k) can be a tempting way to pay overdue bills, but it’s almost always a mistake. The IRS is the only creditor who can legally seize assets in your 401(k).

Could An Annuity Belong In Your 401(k) Or IRA? Proceed Carefully

The new QLAC law could make annuities an attractive addition to your 401(k)

“No one buys an annuity… they are sold annuities,” says author Stan Haithcock. This complicated financial product is often overhyped, but a new tax law may make certain kinds of annuities attractive to young investors as part of an overall retirement strategy.

23 Things Beginners Absolutely Must Know About Saving For Retirement

23 things beginners need to know about saving for retirement.

Saving for your future doesn’t have to suck. Here’s how to decipher the alphabet soup of retirement accounts and motivate yourself to start investing today.

401k Asset Allocation: Two Methods for Headache-Free Diversification

401k Asset Allocation

Is your 401k asset allocation set correctly? Failing to check could cost you $10,000 or more! Here are two easy methods for ensuring proper allocation.

Where To Invest: 401k, IRA Or Both?

Where should you start investing -- your 401(k) or an IRA?

You know you need to save for retirement, but where do you start? Learn the differences between retirement savings accounts at work — like a 401(k) — and an individual retirement account (IRA) which you can open on your own.

Should I Invest in my Employer’s Stock?


Should you invest in your employer’s stock? Sure, but just a little. Keep these tips in mind so you come out on top — not in trouble, Enron-style.

Should I Contribute More to My 401k?


You may already know that you should contribute as much to your 401k plan as your employer will match. But when is it time to increase your 401k contributions? And how do you decide between adding more to your 401k or funding an IRA?

Six Financial Tips for 20-somethings From Financial Planner Cliff Caplan

Cliff Caplan

It’s tempting to think that journalists who write about money for a living have all the answers. (Ugh. You should see my checkbook.) By way of analogy, I’d like to suggest a different way of thinking. We all know Steven Spielberg ranks as one of the all-time great film directors. But when Spielberg needs fabulous […]