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[IWS] EBRI: MANY HAVE ACCESS TO 401(k) LOANS, FEW HAVE OUTSTANDING BALANCES [16 January 2014]

IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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Employee Benefit Research Institute (EBRI)

Fast Facts, January 16, 2014, #264

 

MANY HAVE ACCESS TO 401(k) LOANS, FEW HAVE OUTSTANDING BALANCES

http://www.ebri.org/pdf/FF.264.K-loans.16Jan142.pdf

 

 

While most 401(k) plan participants are able to take a loan from their 401(k) account, relatively few do—and this

has been a consistent pattern that has held for nearly two decades.

 

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 






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