How much is the required minimum distribution (RMD) if you have $500,000 in your retirement account?

Here's the required minimum distribution on $500,000 worth of retirement savings that's subject to RMD rules.
24/7 Wall St. on MSN

4% or 8%, what’s the right retirement withdrawal rule to live by?

Quick Read The 4% rule assumes a 30-year retirement horizon with a balanced stock-bond portfolio. Ramsey’s 8% rule requires a ...

Avoid these 3 retirement withdrawal mistakes at all costs. You might already be wasting hundreds of thousands of dollars

One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs ...
Forbes

Should You Withdraw Your 401(k) Money Now, Before Retirement

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...
AOL

401(k) Early Withdrawal Penalty: What You Need To Know

Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. If you withdraw money from your 401(k) before you reach ...

Pros and Cons of Using Your 401(k) to Pay Off Your Mortgage

Discover the benefits and drawbacks of using your 401(k) to pay off your mortgage, including tax implications, retirement savings impact, and interest savings.
Morningstar

Rolling Over Your Roth 401(k)? Here are 4 Must-Know Moves

Like rollovers from traditional accounts under employer plans, rollovers from Roth 401(k)s must include only eligible amounts. Amounts not eligible for rollover include: Hardship withdrawals.
Morningstar

My late husband's employer is forcing me to take 10% 401(k) distributions. Help!

'A company representative said the account needed to be emptied within a 10-year period' "My husband of 59 years died in 2023 at 83 years of age. I was the beneficiary of his 401(k)." (Photo subject ...