When it comes to high-income households, bank balances have even been shrinking ...
A 401(k) retirement account is supposed to be hands-off. It’s not your money, in theory, but savings for the future you. And yet, when Americans leave jobs, one-third of them cash out their 401(k) ...
Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. draganab / Getty Images One-third of ...
A Third of Americans Are Cashing Out 401(k) Balances After Quitting Jobs: What Is Driving This Trend
Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Milan Markovic / Getty Images One-third of ...
After years of elevated borrowing costs, homeowners finally began to see some relief in late 2025. The Federal Reserve's December rate cut, the third of the year, capped off a series of moves that ...
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