This is going to be a column about DACs. And what’s that? It’s the abbreviation the Social Security Administration uses to refer to “disabled adult children.” Here is some background. Since almost the ...

Withdrawals from a 401(k) before age 59 1/2 generally incur a 10% penalty plus income taxes. Penalty-free early withdrawals are allowed for hardships like medical costs or disasters. At age 73, RMDs ...