Leakage Problem: How Companies Are Trying To Stop Employees From Raiding Their 401(k)s (And Threatening Their Retirements)
With 401(k) account balances rising, more employees are wondering how they can get their hands on that money. However, whether it’s from borrowing from their 401(k)s or pulling the money out when they leave jobs, the result is one of the biggest threats to Americans’ retirement savings: leakage. Today’s article notes that, according to one analysis, such leakage “threatens to…