The Wall Street Journal reported today that withdrawals from 401(k) plans are on the rise. This, along with decreasing contributions, is not a surprise given the weakening economy and the stock market craziness we’ve seen.
However, remember to think twice before taking a withdrawal from your 401(k) plan. Not only are you cracking open your retirement [...]
Filed under: Emergency Fund, Money, Retirement Saving | Tagged: 401(k), Emergency Fund, Retirement Saving | Leave a Comment »