Emergency funds are a 'security blanket' for 401(k) savings, Vanguard researcher says. Here's why
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最新报道：The Federal Reserve announced new emergency savings guidelines today, recommending Americans maintain at least 3-6 months' worth of living expenses in liquid accounts. The guidance comes as 401(k) hardship withdrawals hit record highs, with 28% of participants tapping retirement funds for unexpected costs last quarter. "Building short-term buffers can prevent long-term retirement setbacks," said Fed Governor Lisa Cook. Simultaneously, Fidelity reported average 401(k) balances rose 12% year-over-year to $112,300, though 34% of savers now contribute below employer match thresholds. The Labor Department will launch a national financial literacy campaign in Q4 targeting younger workers.
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