401(k) hardship withdrawals more than double as people raid their retirement savings for emergencies
Hardship withdrawals — which can be taken only for “immediate and heavy financial needs” — have risen in…
A Record Number of Americans Are Tapping 401(k)s for Emergencies — Should You?
The average American’s defined contribution plan retirement savings rate is at an all-time high, according to Vanguard data.…
4 Reasons People Are Using 401(k)s for Emergencies, According to Vanguard
Vanguard recently released its 2025 report on how America saves. It revealed that a record 4.8% of 401(k)…