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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Record 6% of Americans Raid 401(k) Savings as Financial Emergencies Rise: Up From 2% Pre-Pandemic

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Record 6% of Americans raid 401(k) savings as financial emergencies rise. (Credit: tiago tins/Pexels.com)

A record 6 per cent of US workers are now raiding their 401(k) retirement savings to survive, marking a 'desperation surge' that has tripled since the pre-pandemic era.

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