Browsing Tag
401(k) Withdrawal
24 posts
How Employers Can Ease Escalating Employee Financial Stress
Lots of people are experiencing financial stress these days as a results of the COVID-19 crisis, but an…
Study Reveals Spike in Early Retirement Withdrawals Among Young Investors
Nearly three out of five (59%) Gen Z and Millennial investors said they have withdrawn early from their…
Bankrate: 31 Million Americans will Raid Retirement Funds During Pandemic
Thirty-one million, or more than a quarter (27%) of working or recently unemployed adults with retirement savings, have…
Divorce, Job Loss Drive Early Withdrawal from 401ks
Divorce—not buying granite countertops for a remodel—is what drives people to withdraw from their 401k accounts well before…
Survey: Half of Americans Have or Will Tap into Retirement During Pandemic
A new survey found that three in 10 Americans have already dipped into their 401(k)s or other retirement…
How 401(k) Plan Sponsors Are Responding to Coronavirus and CARES
Employers are still evaluating the retirement-related optional provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES),…
Why 401(k) Participants May Wish For ‘Good Old Days’ of 2019
In stark contrast to current craziness, relatively mild market conditions last year meant 401k and participants in similar…
Shock (Not)! 401k Participants Need Help With ‘Decumulation’ Strategies
Recent research highlights participant perspectives on the topic of decumulation, and reveals that many need guidance with what…
Ridiculously Bad Advice on the 4 Percent Retirement Rule
Boo on Business Insider for an irresponsible and downright awful article involving the 4 percent "safe" retirement withdrawal rule.
401(k) Participants Look to Lotto Winners for Withdrawal Advice
It’s a question vexing every lottery jackpot winner—lump sum payment or guaranteed monthly income stream? And now it’s…