More Americans tapping 401(k)s to pay for financial emergencies

thehill.com/business/5178855-more-americans-tapping-401ks-emergencies

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 year, up from 3.6 percent in 2023, according to Vanguard Group, which examined data from…

This story appeared on thehill.com, 2025-03-06 13:50:28.
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