2024 Social Security COLA Expectations, All Investors Should Master This Concept, Early IRA and 401(k) Payout Exceptions

Mastering One of the Most Important Investing Concepts | Penalties on Early IRA and 401(k) Payouts | Social Security COLA Prediction for 2024 Created for {EMAIL} | [Web Version]( July 24, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [Mastering One of the Most Important Investing Concepts]( [Mastering One of the Most Important Investing Concepts]( (Getty Images) Dollar-cost averaging (DCA) is one of the most important concepts an individual investor can learn. [Find out what DCA is, how it works, and more here](. [] Kiplinger Tax Letter [] [Penalties on Early IRA and 401(k) Payouts]( [Penalties on Early IRA and 401(k) Payouts]( (Getty Images) Early retirement payouts are an IRS red flag. Withdrawal penalties of 10% typically apply to IRA and 401(k) distributions, but [some exceptions exist](. [Prepare for a Financially Secure Retirement]( Be curious. As we strive to live longer and healthier lives, ensuring your retirement plan can provide the financial freedom you need is even more important. Learn how to avoid potential threats to your financial security and determine if your plan is ready to support the retirement you deserve. [READ MORE]( ADVERTISEMENT [] In Case You Missed It [] [Social Security COLA Prediction for 2024]( [Social Security COLA Prediction for 2024]( (Getty Images) In 2023, Social Security benefits got an 8.7% COLA, the largest cost-of-living adjustment since 1981. Here, David Payne, Kiplinger staff economist, predicts what the [Social Security COLA will be in 2024](. [] ETFs [] [3 Uranium ETFs That Pack a Nuclear Punch]( [3 Uranium ETFs That Pack a Nuclear Punch]( (Getty Images) Uranium prices have been on the rise and could be buoyed further by several longer-term trends. [These uranium ETFs]( can help you harness this power. [Is this Hedge Fund Investing Strategy Right for You?]( During a market with lots of uncertainty, the few asset allocations that perform relatively well are the ones that exhibit low correlation to the overall markets. At SAM, this investment strategy has become our bread and butter. [READ MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger's Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger's Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] Stocks [] [Kiplinger's Weekly Earnings Calendar (July 24-28)]( Check out our earnings calendar for this week, as well as our previews of the more noteworthy reports. [Read More]( [] CD Rates [] [Top Earning 3-Year CDs July 2023]( By taking advantage of the generous APYs offered on top-yielding CD accounts, you could grow your savings with almost zero risk. These are the top-yielding 3-year CD accounts paying up to 5%. [Read More]( [Are You Maximizing Your Portfolio?]( An advisor can help you determine if you are making the most out of your portfolio so you can make the most of your retirement. Take this short quiz to get matched with up to 3 vetted financial advisors serving your area. It's never too late to work towards financial freedom. Get started today. [LEARN MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger’s Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger’s Retirement Report]( and [Kiplinger’s Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036