Money coaches tell you how to move past the stigma and decide if tapping your retirement fund is rational or reactive.

Once you reach 59 1/2, you won’t have to pay the 10% penalty. However, withdrawals from a traditional 401 (k) will still be ...

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes up and you are unable to pay a rather large financial obligation. There ...

A record number of Americans tapped into their 401(k) retirement savings for hardship withdrawals last year due to financial challenges, new data shows. Vanguard Group reported that 6% of participants ...

More Americans are using 401(k) retirement accounts as personal ATMs. Last year, 6% of Vanguard retirement savers took hardship withdrawals from their 401(k) accounts, an all-time high. Hardship ...

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 ...

If you have a 401(k) and a lot of outstanding bills or a surprise expense, you may be considering raiding your account. According to a 2025 Vanguard report, early 401(k) withdrawals have reached an ...

More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules. By Kailyn Rhone Adia Rad never imagined she would be the person to take ...

On a recent episode of Suze Orman’s Women & Money, a 50-year-old caller named Andrea explained that she had $33,000 in ...

There is a worrisome trend in 401(k) retirement plans regarding early withdrawals. According to recent data from Vanguard, more people are taking hardship withdrawals than in previous years. There are ...

A 401(k) plan is a tax-advantaged retirement account offered that's by many employers. There are two basic types: traditional ...

When facing a financial emergency, accessing money in a 401(k) plan can feel a bit like being stranded at sea: surrounded by water, yet unable to take a drink. Your money is there, it’s just not ...