What does our 2024 research reveal as the highest safe withdrawal rate? For many investors, 4% has traditionally been seen as the ideal retirement withdrawal rate. However, Morningstar researchers ...

Nearly one in three over-55s make withdrawals from their pension before they stop working, industry research reveals. Reasons for tapping retirement pots include smoothing the way to early ...

The IRS means well. To discourage premature use of retirement funds, it imposes a 10% tax penalty on early withdrawals from certain retirement plans before age 59 ½. However, this guardrail ...

The timing of your retirement account withdrawals can play a role in how much tax you pay on your retirement savings. Required minimum distributions refer to the minimum amount you must take from ...