Tag: hardship withdrawals

Only 2.4% discontinued contributions, a mere 2.8% took withdrawals and just 1.3% took hardship withdrawals, ICI data show

Several provisions of the two-year budget bill affect retirement plans.

The impact is greater for younger investors, as they have a long time horizon for saving, MassMutual finds.

The number of participants taking hardship withdrawals remained less than 1%.