Up or Down: Where is 401(k) Leakage Really Heading?

retirement plans

Dec 20

Written By

“This year, we’ve seen some evidence that, after a period of uptick during and after the financial crisis, loan activity in 401(k) plans has subsided slightly in what has been a very strong economy. Just last week, Fidelity reported that 20.1% of participants have loans outstanding, down from a peak of 22.6% in 2013. Earlier this year, T. Rowe Price reported that 22.5% of participants have loans outstanding.” Click here to continue reading.

Source: Retirement Loan Eraser

Up or Down: Where is 401(k) Leakage Really Heading?

SECURE Act Passes Congress

A Ninth Circuit Ruling Repaves the Intersection of ERISA and Arbitration Law