Is a 401(k) the answer to your financial troubles this year?

Kailey Hagen
 |  The Motley Fool

You need $5,000 right now. Where do you get it? No, that’s not a hypothetical question, at least not for many Americans who have lost their jobs since the pandemic started. After trimming budgets, draining emergency funds, and borrowing whatever you can, retirement savings often start to look like piggy banks just waiting to be cracked open.

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