More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
Category: Retirement
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More Americans Taking 401(k) Hardship Withdrawals
The New York Times – Business: -
Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now
The New York Times – Business:Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors.
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Check Your Target-Date Fund, Especially if You Plan to Retire Soon
The New York Times – Business:Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.
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How Recovery Scams Retarget Victims of Fraud
The New York Times – Business:Many cybercrime victims are retargeted by online scammers posing as lawyers or other professionals who promise they can recover stolen money.
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Tell Us About Your Plans for a Longer Life
The New York Times – Business:If you are saving money and have a plan for the future, we want to hear how it’s going and any advice you have for others.
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4 Ways to Enjoy Your Savings in Retirement Without Going Broke
The New York Times – Business:Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
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What to Know About New Rules for 401(k) ‘Catch-Up’ Contributions in 2026
Older high-income workers who make contributions beyond the standard amount will have to put that extra money into a Roth 401(k). That may lower their take-home pay.
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How a Puzzling 401(k) Plan Changed One Woman’s Life
Eryn Schultz was an H-E-B grocery store leader with an M.B.A. A slow pivot toward a big career change began when she found her retirement plan wanting.
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How Gen Z Investors Went from Meme Stocks to Index Funds
Some Gen Z-ers first entered the markets during the pandemic’s meme stock craze. They have since become more patient investors.
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Retirement 2026 by the Numbers
As the new year begins, savings have hit unprecedented levels, but rising health care costs and growing poverty make retirement unaffordable for many.
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How to Stop Supporting Your Adult Kids When You’re Retired
In trying to help grown children, parents can hurt their own retirement security. Here’s how to stop the flow of money.