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401(k) Hardship Withdrawals Hit Record High
401(k) Hardship Withdrawals Hit Record High
The AI bubble and data center buildout have helped catapult equity markets to new highs (pre-Middle East conflict), minting a record number of 401(k) millionaires. However, beneath the surface, hardship withdrawals from 401(k) plans have also climbed to a record, reinforcing the view that the K-shaped economy is becoming more entrenched.
Vanguard's How America Saves 2025 report shows that hardship withdrawal activity "increased to a new high" of 6% in 2025, up from 4.8% in 2024 and about 2% before the pandemic.
The increase marks the...
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May 7, 2026 / Tyler Durden
DOJ To Ask Supreme Court To Intervene In E. Jean Carroll's Lawsuit Against Trump
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Authored by Matthew Vadum via The Epoch Times,
The U.S. Department of Justice (DOJ) said it will ask the U.S. Supreme Court to allow it to intervene in President Donald Trump’s appeal of the $83.3 million jury award E. Jean Carroll won against him in a defamation lawsuit.
The DOJ will ask the Supreme Court to substitute the United States for Trump in the lawsuit, arguing that in 2019, during his first term as president, when Trump denied...
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Apr 1, 2026 / Tyler Durden
Oil Unimpressed As Trump Says 'Iran Asked For Ceasefire', Threatens Blasting Them "Back To The Stone Ages" If Strait Unopened
Oil Unimpressed As Trump Says 'Iran Asked For Ceasefire', Threatens Blasting Them "Back To The Stone Ages" If Strait Unopened
Summary
UAE mulls becoming first Gulf country to directly joint US-Israeli war against Iran, lobbies for firm UNSC security resolution.
Trump open to exiting 'paper tiger' NATO after Iran war is over, angry over lack of help in Hormuz crisis.
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Apr 20, 2026 / Jason Ditz
Displaced Lebanese Again Warned Not to Return to Israeli-Occupied South
While the Israel-Lebanon ceasefire is holding across most of the country, the far south area of Lebanon occupied by Israel continues to see some limited fighting, and a massive amount of destruction as the systematic destruction of towns and villages by Israeli forces continues. Israel would just as soon the population of displaced civilians who […]
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