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Percentage of 401(k) Participants with Loans Dropping
Pensions & InvestmentsLink to more items from this source
July 7, 2021

"At the end of the first quarter, about 14% of 401(k) participants had outstanding loans. The percentage fell steadily throughout last year after edging up to 16.3% in the year-ago period from 16.1% in the fourth quarter of 2019. The loan rate was well below the over 18% seen in the wake of the Great Recession."

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