Are you having trouble paying your bills and meeting your financial responsibilities because of a recent crisis? If so, a hardship loan could help you recover and get back on your feet.

Vanguard recently released its 2025 report on how America saves. It revealed a record 4.8% of 401(k) holders took a hardship withdrawal in 2024. Here's why.

Despite receiving a 10% penalty tax for tapping into retirement savings before reaching 59 and a half, nearly 40% of workers report taking a loan, early withdrawal, or hardship withdrawal from ...

Cashing Out My 401k After Layoff – How Much Should I Set Aside for Taxes and Penalties?

Morningstar Director of Personal Finance Christine Benz understands that emergencies happen, and you may need cash quickly, despite long-term plans to manage and grow your family's assets. She's ...

Achieve takes a closer look at hardship loans, how they could help when you're facing money problems, who can get them, and what you need to consider before applying.

Ten sources of emergency cash, ranked from best to worst. If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.

If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.

Hardship withdrawals Unlike a 401 (k) loan, which requires that you pay the money back, funds you take out of a 401 (k) via a hardship withdrawal cannot be paid back.