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Household Borrowing from 401(k) Plans (PDF)
Center for Retirement Research [CRR] at Boston College 
July 21, 2000 "The newly released 1998 Survey of Consumer Finances shows that borrowing from pension plans has more than doubled between 1992 and 1998. The problem with using pension funds prior to retirement is the risk that retirement income will be inadequate. The questions are 'Why do people borrow' and 'What do they do with the money?' " MORE >> |
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