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401(k) Hardship Withdrawals – What You Need to Know
February 20, 2023 A record number of Americans are taking hardship withdrawals and tapping into their 401(k)s. According to Fidelity, “Participants taking hardship withdrawals from their accounts rose to 2.4% last year, up from 1.9% in 2021.”¹ This represents the highest share of hardship withdrawals recorded by the financial services firm. Vanguard also recorded a… Continue reading 401(k) Hardship Withdrawals – What You Need to Know