Fidelity: 401(k) hardship withdrawals, loans up

Fidelity administers 17,000 plans, which represents 11 million participants. In the second quarter, some 62,000 workers initiated a hardship withdrawal. That’s compared with 45,000 in the same period a year ago.

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Posted in * Economics, Politics, Economy, Pensions, Personal Finance, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--