The Association Between Medical Hardships and Early Retirement Account Withdrawals
Abstract:Medical hardships are common in the United States due to rising medical expenditures and patient-financial responsibilities. Meanwhile, every year, billions of dollars are lost to penalties from early withdrawals from retirement accounts to pay for these medical bills. Prior research has been devoted to the interrelation between the medical hardships and medical affordability. Separately, attention has been paid to the leakage impact of the early withdrawals from retirement withdrawals. This study explores the… Show more
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