Vanguard recently released its "How America Saves 2025" report. The data reveals that 401(k) hardship withdrawals have been on the rise since 2020. It's best to avoid withdrawing money early from your ...

More Americans tapped their defined benefits plan to pay for emergencies as the cost of living soared in 2022, according to a recent Vanguard report. (iStock) The number of Americans who tapped their ...

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes up and you are unable to pay a rather large financial obligation. There ...

We've received several e-mails from readers who say they're facing difficult times financially and want to know the status of Obama's pledge to ease penalties for early withdrawals from 401(k) ...

Now, new data shared exclusively with Inc. by the 401(k) provider Human Interest—a 2021 Inc. 5000 honoree that Fast Company named one of the most innovative companies in finance earlier this year—adds ...

Readers have asked us regularly over the last few weeks about penalty-free 401(k) hardship withdrawals. Taking a chunk from their retirement savings would tide them over through the recession, they ...

More than one in three U.S. workers have taken loans, early withdrawals, or hardship withdrawals from their retirement savings, according to new data from the Transamerica Institute. Personal finance ...

The average American’s defined contribution plan retirement savings rate is at an all-time high, according to Vanguard data. Yet at the same time, more Americans are tapping their 401(k)s or similar ...