People who tapped 401(k) plan during pandemic are 'stealing from their future selves' advisors say
September 08, 2020 at 08:03 AM EDT
Many 401(k) plan savers tapped their accounts during the coronavirus pandemic. Thinking of a 401(k) in terms of a monthly income stream, instead of a lump sum, could make savers think twice before withdrawing money, experts said.