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 ...

The funds you stash in your 401(k) plan are intended for your future retirement. But sometimes life throws you a curveball, and you need money fast. In those cases, you may be able to tap into your ...

More Americans are raiding their retirement savings to cover emergency expenses, taking early withdrawals from their 401(k)s. A record 4.8 percent of account holders took hardship withdrawals last ...

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...

Hardship withdrawals hit a record 4.8 percent in 2024: Vanguard Before the pandemic, the average was around 2 percent each year Several factors help explain the recent uptick More Americans are ...