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More People Tap 401(K) Accounts for Cash


Business  (tags: americans, debt, credit crisis, investors, finance, business )


- 2345 days ago - ajc.com
Some of the nation's largest retirement plan administrators, such as Great-West Retirement Services and Fidelity Investments, are seeing double-digit spikes in hardship withdrawals and increases in loan requests...



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Comments

Joycey B. (750)
Thursday February 21, 2008, 6:49 am
Noted. Thanks Windy.
 

RC deWinter (418)
Friday February 22, 2008, 10:38 am
Hey, I have a dormant retirement account that I have been thinking of tapping too...but the penalty is 10% and I am not going to give that up...but in today's economy, this story is NOT a surprise!
 
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