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401(k) hardship withdrawals are surging as high inflation squeezes Americans

Por: Fox Business Business November 07, 2023

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Former St. Louis Federal Reserve President James Bullard addresses concerns over rising interest rates on Cavuto: Coast to Coast. A growing number of Americans are making emergency withdrawals from their to cover a financial emergency amid chronically high inflation, according to new data from Bank of America. About 18,040 workers taking part in employer-sponsored 401(k) plans made a hardship withdrawal during the three-month period from July to... + full article



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