Retirement Planning Mistakes to Avoid

Don't undercut a secure retirement. This section offers guidance on early IRA withdrawals, borrowing from your 401(k) plan, IRA opportunities and taking early benefits.

Articles

• Do Not Ignore IRA Opportunities

  Your Individual Retirement Account can be part of the foundation of a financially secure retirement.

• Handling Your First Retirement Plan Distribution When Changing Jobs

  Over the course of your working career, you may receive several lump sum distributions, how you handle the distributions is important.

• Taking Money Out of Your IRA

  Here are some general rules on how funds coming out of IRA accounts are treated for income tax purposes. This discussion only applies to regular IRAs since Roth IRAs are treated very differently.

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Financial Tips

• Should You Borrow from Your 401(k)

  If you have a 401(k) plan, you may be able to become a lender and borrower, but you should proceed with caution.

• Your Home May Not be the Asset You Think

   If your retirement plan includes money you can draw from your home, falling prices can dramatically impact your retirement.

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