Most 401(k)s Embrace New Hardship Rules
According to PSCA, relatively few sponsors have seen participants taking out excess hardship withdrawals.
Tag: hardship withdrawal
Ways to Combat Pervasive Leakage
The Savings Preservation Working Group says that at least 33% and as many as 47% of plan participants withdraw part...
GAO Reviews Retirement Savings Leakage
The GAO interviewed retirement plan stakeholders and found several ways to stem the tide of funds leaving 401(k)s and IRAs.
Commitment to 401(k) Investing Remains Strong
A mere 2.7% of Americans stopped contributing to their defined contribution plan in 2017, the ICI reports.
2017 Was a Good Year for DC Plan Metrics
ICI recordkeeper data shows that in the first nine months of 2017, the amount of participants contributing or taking a...