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Why the Alarm Over 401(k) Withdrawals and Loans?
Nevin Adams, Employee Benefit Research Institute [EBRI] 
[Opinion] Jan. 24, 2013
"[A recent Washington Post] article incorrectly states that 'in 1980, four out of five private-sector workers were covered by traditional pensions;' in fact, only about half that many actually were at that point ... The article notes that the 'most common way Americans tap their retirement funds is through loans, although U.S. Department of Labor data indicate that loan amounts tend to be a negligible portion of plan assets and that very little is converted into deemed distributions in any given year."
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