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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
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