BY PHIL GOLDSTEIN Managing Partner, Goldstein, Lieberman & Co. Most 401(k) plans permit hardship withdrawals, though plan sponsors aren’t required to allow them. Currently employees seeking to take money out of their 401(k) accounts are limited to the funds they contributed to the accounts themselves, and only after they’ve first taken a loan from the same […]
BY CHRIS HANLY Investment Consultant, Gary Goldberg Financial Services A recent investor survey by Charles Schwab caught my eye. In essence, it detailed that over 90 percent of those surveyed were either somewhat or very frustrated with their 401(k) accounts and that just as many felt it was “up to them” or they had to […]
