401(k) Hardship Withdrawals Hit a Record 6%: What to Try Before You Tap Retirement Savings

Money Under 30 ·
Personal finance

401(k) hardship withdrawals hit a record high last year. Six percent of workers in Vanguard-managed retirement plans pulled money out early. That’s up from five percent the year before, marking the sixth straight annual increase. Most of these withdrawals cover real problems: a looming eviction, a medical bill, a repair that can’t wait. Here’s what’s […] The post 401(k) Hardship Withdrawals Hit a…

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