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'hardship' withdrawals surge to another record as high inflation stings

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'hardship' withdrawals surge to another record as high inflation stings


A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in order to cover a financial hardship amid the ongoing inflation crisis, according to new data from Vanguard Group. Nearly 3.6% of workers participating in employer-sponsored 401(k) plans…

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