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A new Investment Company Institute study of participant activity in 401(k) plans shows that individuals are still committed to saving for their retirement, despite market volatility.

The study, “Defined Contribution Plan Participants’ Activities, First Half 2011,” looked at recordkeeper data from nearly 24 million defined contribution plan participant accounts. It found that only 1.6 percent of defined contribution plan participants stopped contributing in the first half of 2011, compared to 1.7 percent in 2010.

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