A record share of Americans are taking emergency withdrawals from their 401(k)s
A record share of Americans are tapping their retirement savings accounts to cover emergency expenses, according to new data from financial services firm Vanguard. In 2025, 6% of people enrolled in Vanguard 401(k) plans made so-called hardship withdrawals from their accounts, up from 5% in 2024, according to the company’s 2026 report on Americans’ savings … Read more