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Where Is 401(k) Leakage Really Heading?
Retirement Loan Eraser Link to more items from this source
[Opinion]
Aug. 30, 2019

"[O]ver a five-year period, as many as 40% of participants take a loan, [and] nearly 9 in 10 participants who lose their job with a loan outstanding will default. The reality is that employees continue to be financially stressed -- hence the continued employer focus on financial wellness programs -- and a large proportion will continue to borrow from their 401(k) to fight financial fires that arise."  MORE >>

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