Tuesday 07th of February 2012
| 401(k) Withdrawals: Disturbing Trend -- and Worse to Come |
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Eileen Toplansky writes August 21 at American Thinker Blog: As the economy continues to worsen under Obama's "recovery" plan, more disturbing news emerges. A record number of workers made hardship withdrawals from their 401(k) retirement plans. In fact, "the number of workers borrowing from their accounts reached a 10-year high" and reflects "the financial stress many workers" are experiencing according to Beth McHugh, Fidelity's vice president of marketing insight. |
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