Why more Americans are making hardship withdrawals from retirement accounts
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English - April 06, 2024 21:45 - 2 minutes - 2.19 MB - ★★★★ - 967 ratingsNews politics interview entrepreneurship news comedy culture movies health interviews books Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
For a growing number of Americans, retirement accounts are doing double duty as savings accounts for the future and emergency funds for the here and now. Vanguard Group says that 2023 saw early withdrawals from a record 3.6 percent of the 5 million accounts it administers, up from 2.8 percent in 2022. Roben Farzad, host of NPR's "Full Disclosure" podcast, joins John Yang to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders