Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be eligible to withdraw some of your 401(k) funds without paying a penalty. In ...

Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her expertise includes personal finance, insurance, real estate, and ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

In his State of the Union speech earlier this year, President Trump proposed giving private-sector workers without employer-sponsored retirement plans access to new tax-advantaged accounts similar to ...