Americans Increase 401(k) Hardship Withdrawals

More Americans are taking hardship withdrawals from their workplace retirement accounts, driven by rising living costs and more lenient withdrawal rules.

18 Apr, 09:00 — 18 Apr, 09:00

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NYTMostly Factual1h ago

More Americans Taking 401(k) Hardship Withdrawals

More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.

By Kailyn Rhone

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Americans Increase 401(k) Hardship Withdrawals

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More Americans Taking 401(k) Hardship Withdrawals

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