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The 4% rule is back, but it’s not really a rule
A 4% withdrawal rate in retirement can be a place to start, research from Morningstar suggests, but one planner calls it 'simple and dangerous.'
Senators propose penalty-free emergency 401(k) taps
Once-a-year withdrawals from retirement plans or IRAs would have to be paid back before additional borrowing could occur.
Shared emergency accounts could hint at higher savings
The results of a recent experiment show people saved more, spent less and felt more secure financially while saving as a group, according to the nonprofit Commonwealth.
CARES Act distributions unlikely to be paid back, report finds
That will likely have a lasting effect on retirement savings for those workers, nearly 70% of whom said they will not pay back any portion of the distributions they took under the CARES Act, according to data from Principal Financial Services.