7 min listen
403: 401(k) Withdrawals on the Rise
FromPopcorn Finance
ratings:
Length:
9 minutes
Released:
Oct 24, 2023
Format:
Podcast episode
Description
Have you had to take money out of your 401(k) in order to keep afloat financially?
It shouldn’t come as a big surprise that times are tough financially right now for a lot of Americans and a newly released report from Bank of America suggests that hardship withdrawals from 401(k)s are on the rise because of it. In this episode of Popcorn Finance, I wanted to share a bit more about what that data in the report means and how hardship withdrawals work regarding specific guidelines and criteria you must follow in order to access money from your 401(k).
Bank of America Report
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It shouldn’t come as a big surprise that times are tough financially right now for a lot of Americans and a newly released report from Bank of America suggests that hardship withdrawals from 401(k)s are on the rise because of it. In this episode of Popcorn Finance, I wanted to share a bit more about what that data in the report means and how hardship withdrawals work regarding specific guidelines and criteria you must follow in order to access money from your 401(k).
Bank of America Report
Join Me on YouTube!
https://www.youtube.com/PopcornFinance
Want to submit a question to the show?
Send an email to questions@popcornfinance.com
Send me a message at PopcornFinance.com/Voicemail
or Call 707-200-8259
Connect with me
Instagram | Twitter | Facebook | YouTube | TikTok
Thank you for listening to today’s episode! Help support the show by leaving Popcorn Finance a rating or review on Apple or Spotify!
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Oct 24, 2023
Format:
Podcast episode
Titles in the series (100)
012: The Importance of Saving: The importance of saving is never more evident than when a financial emergency hits. Today's episode is a short discussion on getting your savings in order. by Popcorn Finance