T. Rowe Price Reports 401(K) Plan Loan Usage Drops To 9-Year Low

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The use of 401(k) plan loans in 2018 fell to a 9-year low of 22.5% of participants and continued a steady 6-year decline of nearly 10 percentage points, investment management firm T. Rowe Price said on May 1, drawing on data gathered from nearly 2 million participants for its annual benchmarking report. The report also […]

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Source: HR Daily Advisor