New Survey Finds Americans Are Withdrawing Significant Amounts From Retirement Accounts To Cover Living Expenses During The Pandemic
New Survey Finds Americans Are Withdrawing Significant Amounts From Retirement Accounts To Cover Living Expenses During The Pandemic News provided by Share this article WASHINGTON, Jan. 6, 2021 /PRNewswire/ -- Nearly 33% of Americans withdrew or borrowed money from an IRA or 401(k) during the pandemic, and nearly two-thirds (63%) used those retirement savings to cover basic living expenses, according to a new poll released today by Kiplinger's Personal Finance magazine and industry-leading digital wealth management company, Personal Capital, an Empower Company. Kiplinger-Personal Capit...