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Proposed Legislation Would Allow $1,000 Penalty-Free 401(k) Withdrawal
Alicia H. Munnell in MarketWatch Link to more items from this source
[Opinion]
July 6, 2021

"The rationale is that low-paid workers are more likely to save if they know they have access to their money if they should need it.... My favorite idea for access, however, is an old plan put forth in the 1990s ... [under which] employees could have convenient access to a limited amount of their 401(k) money through a credit card."

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