Last mentioned: Mar 6, 2026
A record percentage of American workers are tapping into their 401(k) plans for hardship withdrawals to cover immediate financial emergencies. This trend highlights the persistent pressure of high living costs and the erosion of household liquidity despite broader economic growth.
President Donald Trump has announced a new initiative to provide a federal 401(k) match of up to $1,000 for workers who do not receive retirement contributions from their employers. The move aims to incentivize savings among gig workers and small business employees while addressing long-standing disparities in retirement security.
Fidelity Investments has declared monthly dividend distributions for two of its key Canadian ETF series, with the Absolute Income Fund providing CAD 0.0911 and the Tactical HighIncome Fund offering CAD 0.0121. These payouts reflect the firm's ongoing strategy to provide consistent yield through actively managed fixed-income portfolios.