grid of head shots of men and women thinking and pondering (Photo: Shutterstock)

People are dipping into their retirement savings to help offset the economic impact of the COVID-19 pandemic, but so far those withdrawals appear to be modest in size. A new Investment Company Institute (ICI) research report — "Defined Contribution Plan Participants' Activities, First Half 2020" — showed that withdrawal activity from DC plans remained low for the first half of 2020.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected].

Employee-Paid
Employer-Paid
Retirement
Defined Contribution
Retirement Trends