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RECORD 401(k) WITHDRAWALS SIGNAL FINANCIAL STRAIN A record share of Americans are tapping retirement savings as financial pressure rises. In 2025, 6% of workers with plans run by Vanguard Group made hardship withdrawals—up from 4.8% in 2024 and about 2% …
Millions of workers without access to a 401(k) or other workplace retirement plan could get a new way to invest — and an annual government match of up to $1,000 — under a proposal from President Donald Trump. “Half of …
Macro vulnerability increasing ahead of automation wave. The consumer most exposed to AI displacement already has no financial runway. Before a single layoff announcement, 401k hardship withdrawals are 365% above baseline. Emergency savings at a 15-year low. Credit card delinquency …
Alternative data shows US layoffs are surging: Job cuts tracked by MacroEdge jumped +70,609 MoM in October, to 154,559, the highest in at least 2 years. Monthly job cuts have now exceeded 100,000 for the 5th time this year. At …
$12 TRILLION CRISIS | Leveraged Loan Defaults EXPLODE 0:00 – Intro 01:19 – Sourced Data 1:50 – #1 Private Credit New Sub-Prime 3:06 – #2 Large Banks Exposed 5:30 – GFC Made Things Worse 9:30 – Bancorp Bad Debt 11:49 …
Next year, 401(k) and 403(b) catch-up contributions for high earners must go into Roth accounts instead of traditional pretax accounts. Anyone with Social Security wages over $150,000 will be affected. For people in state pension systems, this likely applies to …
Sherwin Williams cutting its 401(k) match is a pretty loud signal about where the cracks are showing in the economy. The company lives and dies by housing turnover and renovation cycles. Normally, people buying and selling homes drive paint demand, …
The system is stacked against the average person, and nobody seems to care until it hits them in the wallet. Back in 2022, I predicted that the US would not only avoid a recession, but would experience an “immaculate” disinflation. …
Yields are more likely to crash in the coming months, not the opposite. pic.twitter.com/QNo5b0NzIb — Guilherme Tavares (@i3_invest) April 25, 2025 Hardship 401k withdrawals running 15-20% above norms pic.twitter.com/C4VOxqXuNB — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 25, 2025 …
Every year, the IRS adjusts retirement contribution limits to account for inflation and changes in the economic landscape. In 2025, workers saving for retirement will see increased contribution limits for 401(k)s, IRAs, and other tax-advantaged retirement accounts. Here are the …
A Chinese startup rocked the U.S. tech sector with a cutting-edge AI (which they shouldn’t be able to build) at a much lower cost. Suddenly, the global dominance of the American tech sector can no longer be assumed. Today we …
via Mike Shedlock A Bloomberg op-ed proposes the government will kill the 401K, and also that it should. Your 401(k) Will Be Gone Within a Decade Please consider Your 401(k) Will Be Gone Within a Decade If you are among the …
by machyume Something brewing that most people don’t realize. Private equity is rising. See that picture above? Source: https://diversifiedtrust.com/blog/the-dominance-of-private-equity/ Exact numbers don’t matter, only where things are headed. Most of you are in the same miserable state that I am in, …
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday. The number of people who made a hardship withdrawal during the second quarter surged from the first three months of the …