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.
Tag: hardship withdrawal
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 withdrawal held steady, while the number of outstanding loans slightly decreased.