Browsing Tag
early 401(k) withdrawals
12 posts
Dems Introduce Bill to Eliminate TSP Early Withdrawal Penalties During Government Shutdown
Bill from Rep. Don Beyer (D-VA) would ensure federal workers can withdraw funds from retirement accounts during a shutdown without penalties
Latest Bill to Waive Early Withdrawal Fee for Fraud Victims
The bill is aimed at victims of retirement plan account fraud
4 in 10 Taking Early 401(k) Withdrawals; 2 in 3 Not Paying it Back
New FinanceBuzz survey finds “record” number of people taking early withdrawals with the average amount being about $15,000
401(k) Loans Grow as Participants Struggle with Emergency Savings
The number of participants taking 401(k) loans has increased across all age groups so far in 2023, reports T. Rowe Price
Education Costs Leading Reason Young Investors Dip Into Retirement Savings
E*TRADE from Morgan Stanley Study finds Millennial and Gen Z investors cite education costs as one of the top barriers to retirement
Only 1 in 4 Americans ‘Very’ Confident of a Comfortable Retirement
New Transamerica Center for Retirement Studies report explores how demographic influences profoundly affect a worker's ability to achieve a financially secure retirement
$1 Billion Flies from Delta 401(k) in Pandemic-Related Early Withdrawals
Airline responds by ramping up financial coaching for employees suffering hardships
Women Cut Back on Raiding Retirement Funds Early
Despite the CARES Act making it easier to do so in 2020, female investors are actually less likely…
Pandemic Forcing 29% of 401(k) Participants to Ponder Early Withdrawals
A pandemic-high 29% of 401(k) plan participants are now planning to withdraw early from their account to pay…
What We Learned About 401(k) Participant Behavior Amid COVID-19 and the CARES Act
Vanguard’s latest analysis of defined contribution (DC) recordkeeping data from January through September 2020 suggests that, while there…