Most retirement plans haven’t been tapped despite pandemic: ICI

Most retirement plans haven’t been tapped despite pandemic: ICI

In spite of the economic and financial stresses brought on by the pandemic, most Americans have not taken any withdrawals from their defined contribution (DC) retirement plans. The vast majority of U.S. retirement savers have continued to make contributions to their plans throughout the pandemic, according to a recent Investment Company Institute (ICI) report.

“Despite the economic challenges over the past year and a half, retirement savers show deep commitment to preserving their…


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