Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

SC Public Radio's statewide network is experiencing intermittent outages and programming issues due to ongoing infrastructure upgrades. Our team is working to keep these disruptions to a minimum and to resolve issues that do arise. Streaming on this site, the SCETV App, the NPR App, and smart speakers is unaffected.

Americans are putting more money into retirement. They're also withdrawing funds from those accounts

WBUR | By Here & Now Newsroom

Published June 1, 2026 at 12:14 PM EDT

A new report by Fidelity Investments exposed a contradictory reality. Americans are contributing more to 401(k) and 403(b) accounts than ever before, but they’re also taking penalties to tap into those funds early.

CBS News business analyst Jill Schlesinger discusses what this trend means and how you should think about retirement in a volatile economy.

This article was originally published on WBUR.org.