According to Human Resources Executive Online, it appears workers are dipping into their 401(k) to pay off bills!
The report says nearly one in three employees say they took a hardship loan from their 401(k) last year, and that's up from one in four in 2011.
So, who's behind employees raiding their retirement savings? According to Financial Finesse, women, lower-income workers (those making between $35,000 and $60,000) and younger workers (aged 30-44) needed the money, despite the improving job market.
Tuesday, June 18 2013 5:56 AM EDT2013-06-18 09:56:03 GMT
Eager to cash in on the recent run of good news about the Stock Market, but you don't know how to get started? Here's how!
Eager to cash in on the recent run of good news about the Stock Market, but you don't know how to get started? Good Day Atlanta goes to the pros for answers!
