The recent decision by the NDHSAA to deny Sage Hanson’s hardship request is deeply troubling. It undermines the very purpose of hardship policies, which should provide support and fairness to ...
Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS) notices and ...
A record share of Americans tapped their 401(k) plans last year for so-called hardship withdrawals, a financial lifeline that can help people who are strapped for money handle emergencies like medical ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. Last week, President Joe Biden praised his administration’s ...
Hardship withdrawals allow access to retirement savings but come with tax penalties and may hinder long-term financial goals. Situations that may qualify for a penalty-free 401(k) hardship withdrawals ...