Hardship Withdrawals Rise To 4.8% As Expert Warns 'It Should Be A Last Resort'
Saturday, 30 August 2025 ()
Hardship withdrawals from 401(k) plans surged to 4.8% of participants in 2024, up from 3.6% in 2023, according to Vanguard Group Inc. data. The increase reflects growing financial pressure on American workers seeking immediate cash access. Tax Penalties Make Early Access Costly βIt should reallyβ¦
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