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[IWS] EBRI: MANY HAVE ACCESS TO 401(k) LOANS, FEW HAVE OUTSTANDING BALANCES [16 January 2014]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Employee Benefit Research Institute (EBRI)
Fast Facts, January 16, 2014, #264
MANY HAVE ACCESS TO 401(k) LOANS, FEW HAVE OUTSTANDING BALANCES
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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