Is money tight? Don't ignore your retirement plan, says BBB
During challenging economic times, it can be tempting to forego contributions to your retirement account, or even to pull money out of an existing account to cover other expenses. Some plans allow you to withdraw money for certain hardship reasons (to prevent eviction or foreclosure, for instance), but the Better Business Bureau of Minnesota and North Dakota (BBB) reminds people there can be some tough financial consequences for tapping into your retirement plan.
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