Bank of America Fined $150 Million Over ‘Junk Fees’

Bank of America Fined $150 Million Over ‘Junk Fees’

The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
401(k) Hardship Withdrawals Tick Up as Inflation Stays High

401(k) Hardship Withdrawals Tick Up as Inflation Stays High

Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.