Record Number of 401(k) Early Withdrawals – How to Avoid This

Despite a strong labor market and stock market, data showed that a record number of people took early hardship withdrawals from their 401(k) in 2023. In this episode of Wise Money, we’re discussing why this trend is increasing and what other options are available for you to avoid taking an early withdrawal.

Season 9 Episode 35

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This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

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