Raiding your 401K
Some studies are showing one in four Americans are using 401K retirement money to pay for current expenses.
Some studies are showing one in four Americans are using 401K retirement money to pay for current expenses.
The average 40(k) balance climbed to $75,900 at the end of the third quarter, according to Fidelity Investments.
Our guest Sandy Wiggins from the Actuarial Consulting Group spoke about the economic “numbers” for last month.
Governor McDonnell will make a decision about reforming the system on April 18th.