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Home>401(k) Borrowing Increases, Mainly By Pre-Retirees

401(k) Borrowing Increases, Mainly By Pre-Retirees

Financial Planning News

Thu, 18 Apr 2013

Employee borrowing from 401(k) plans increased 28% in the fourth quarter from a year earlier, according to Wells Fargo as over 60% of new loans went to individuals heir 50s and 60s.

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