401(k) Usage Hits 9 Year Low, Study Finds — Sequence Media News
The use of 401(k) loans hit a nine-year low in 2018, finds a T. Rowe Price report. According to their findings , 401(k) usage was at 22.5 percent in 2018, continuing a steady six-year decline of nearly 10 percent. Meanwhile, both loan balances and the average amount of hardship withdrawals increa