. The pandemic caused many people to borrow from their future in order to meet everyday needs throughout state shutdowns and the highest number of job losses since the Great Depression. One third of survey respondents said they took a distribution or loan from their retirement account. The US government tried to implement bills that would spare Americans from the financial consequences of the pandemic, through the CARES Act signed into law in March, which permitted loans of up to $100,000. 58% of those who took loans borrowed between $50,000 and $100,000. For many Americans, the pandemic ha...