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Early Withdrawals Found to Exacerbate 401(k) Account Disparities Across Race, Gender

In addition to lower contribution rates, Black and Hispanic workers tend to withdraw money more frequently from their 401(k)s, resulting in significant account balance disparities compared to white employees. ....

Pam Hess , Aspen Institute Financial Security Program , Contribution Institutional Investment Association , Morningstar Retirement , Equitable Retirement Savings , Social Security ,