Your Money

Americans are increasingly using their 401(k) retirement accounts as emergency funds, with a record 4.8% of workers taking hardship distributions last year, up from a pre-pandemic average of 2%, according to Vanguard Group. Additionally, nearly one-third of workers who leave their jobs cash out their 401(k)s, incurring taxes and penalties instead of preserving the funds for retirement. This trend highlights a growing issue of "leakage" from the $12.2 trillion held in 401(k) plans, as individuals prioritize short-term financial needs over long-term retirement security. While contributions to these accounts are at an all-time high, the reliance on early withdrawals raises concerns about future financial stability.

When it comes to using hardship as a loophole to access retirement savings early, just say no.

Americans See Their 401(k)s Not Just as Nest Eggs but as Rainy Day Funds
by Anne Tergesen

Your Life

Coca-Cola is introducing a cane sugar-sweetened version in the U.S., replacing high-fructose corn syrup, amid consumer preference for cane sugar. However, experts emphasize that both sweeteners are nutritionally similar, offering no significant health benefits (aka "empty calories"). Both are added sugars, contributing to weight gain, Type 2 diabetes, and heart disease when overconsumed. High-fructose corn syrup has slightly more fructose, linked to inflammation, but the FDA and AMA find no safety differences. Limiting added sugars is always recommended.

Cane Sugar Vs. High-Fructose Corn Syrup: Is One Sweetener Healthier?
by A. Pawlowski

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