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Stem plan leakage by upgrading your 401(k) loan rules and practices

$225.00

SKU: EBUjj183. Category: .

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Abstract: “Plan leakage” refers to participants allowing their account balances to shrink, because of either loans or hardship withdrawals. Plan loans don’t always result in permanent leakage when they’re repaid, but they still can have adverse long-term consequences for participants. This article reviews how plan loans cause leakage, why plans allow loans, and how employers can help plug the leaks.

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