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  • Troubling 401(k) trend: Raiding retirement savings with hardship withdrawals | BenefitsPRO
    Publisher: BenefitsPRO

    Troubling 401(k) trend: Raiding retirement savings with hardship withdrawals | BenefitsPRO

    Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.
    Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.

    Tags: participant behavior, financial wellness, loans, hardship

    5 1
  • 401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans
    Publisher: 401(k) Specialist

    401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans

    Retirement savings are up, but so are 401(k) loans. What to do? To provide a more holistic look at confidence around financial preparedness, a new report examines engagement across Health Saving Accounts (HSAs) and overall feelings of financial welln...
    Retirement savings are up, but so are 401(k) loans. What to do? To provide a more holistic look at confidence around financial preparedness, a new report examines engagement across Health Saving Accounts (HSAs) and overall feelings of financial welln...

    Tags: financial wellness, loans, hardship, employee benefit

    5 1
  • IRS logo
    Publisher: IRS

    IRS logo

    More people may be asking to take money out of their retirement plans because of the current economy. Here are the Do’s and Don’ts of Hardship Distributions
    More people may be asking to take money out of their retirement plans because of the current economy. Here are the Do’s and Don’ts of Hardship Distributions

    Tags: hardship

    5 1
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