National Life Understands Life Happens with Our Emergency Access Waiver
This waiver is included at no additional charge.
Life is full of unexpected events, and sometimes these unforeseen circumstances can create a significant financial strain. For many clients, the hardship withdrawal or unforeseen emergency provision in a 403(b) and 457(b) retirement plan offers a crucial lifeline to cover immediate and heavy financial needs such as medical expenses, eviction prevention, or funeral costs. A recent Vanguard study highlights a growing trend for this provision: a record 3.6% of the 5 million accounts saw an early withdrawal¹.
- Wilde, W. and Chambers, A. (2024) Why more Americans are making hardship withdrawals from retirement accounts, PBS.