IPFS News Link • Economy - Economics USA
Fidelity: 401(k) Hardship Withdrawals, Loans Up
• APIn the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals from their retirement accounts in the second quarter.
What's more, the number of workers borrowing from their accounts reached a 10-year high, according to a report issued Friday by Fidelity Investments.




