Gen Xers are starting to reach age milestones that give them penalty-free access to certain retirement funds. The eldest members of that generation will be turning 59 this year. And once they reach a certain milestone — age 59½ — they can withdraw money from their individual retirement accounts, or IRAs, and 401(k)s penalty free. Yet even without a penalty, dipping into retirement funds as soon as you’re able to can be a “bad move,” according to Ed Slott, a certified public accountant and founder of Ed Slott and Co. Read more here:
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Updates
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Vice President Kamala Harris delivers her first public address since President Joe Biden announced that he will not be seeking reelection and endorsed her to replace him at the top of the Democratic ticket. Learn more about the Democratic presidential campaign: cnb.cx/3WxTxjm
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A faulty CrowdStrike software update was still impacting computers on Monday. The incident could hurt signings, Guggenheim Securities analysts warned.
CrowdStrike shares tumble as fallout from global tech outage continues
cnbc.com
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China's Foreign Ministry has given a "no comment" on Biden dropping out of the presidential race and his endorsement for Vice President Kamala Harris. CNBC's Eunice Yoon discusses what this means. Hear more: cnb.cx/4bU1eVi
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China's Foreign Ministry has stayed silent so far on Biden dropping out of the presidential race and his endorsement for Vice President Kamala Harris. CNBC's Eunice Yoon discusses what this means. Read more: cnb.cx/4bU1eVi
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China's Foreign Ministry has stayed silent so far on Biden dropping out of the presidential race and his endorsement for Vice President Kamala Harris. CNBC's Eunice Yoon discusses what this means. Read more: cnb.cx/4bU1eVi
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McDonald's is extending the $5 value meal as rivals such as Burger King and Starbucks offer deals to entice diners and boost traffic.
McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants
cnbc.com
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Marc Morial, National Urban League president and former New Orleans mayor, discusses Kamala Harris's qualifications for being the favored pick for the Democratic party's nomination for president. Hear more from Morial: cnb.cx/4fbzFKa
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Zscaler CEO Jay Chaudhry's definition of success has "evolved a lot" since he grew up in rural India. Here's why he doesn't focus on money or net worth, he says.
CEO of $29 billion business: Here's how I define success—it's not about your salary or net worth
cnbc.com
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Secret Service Kimberly Cheatle has refused to resign on the heels of the attempted assassination of former President Donald Trump at a campaign rally.
Secret Service chief Kimberly Cheatle tells House 'we failed' Trump and others at rally shooting
cnbc.com