How Financial Factors Outside of a 401(k) Plan Can Impact Retirement Readiness

Oct 12, 2023, 12:30 PM
How Financial Factors Outside of a 401(k) Plan Can Impact Retirement Readiness
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Full Content Date : Oct 12, 2023
Full Content Page Count : 2
Volume Number : 484
In a joint effort, EBRI and J.P. Morgan Asset Management conducted a research study to better understand how the financial factors faced by 401(k) plan participants outside of their 401(k) plan impact their retirement preparations. This EBRI Fast Fact compares plan participants who experience spending spikes with those who do not across credit card utilization, 401(k) plan contributions, and 401(k) plan loan use.
Full Content Product / Source : EBRI Fast Facts
Access Package : SUB_RET
Topics :
  • Retirement
Tags :
FF.484.SpendingSpikes.12Oct23
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EBRI Fast Facts

How Financial Factors Outside of a 401(k) Plan Can Impact Retirement Readiness

Oct 12, 2023 2  pages

Summary

In a joint effort, EBRI and J.P. Morgan Asset Management conducted a research study to better understand how the financial factors faced by 401(k) plan participants outside of their 401(k) plan impact their retirement preparations. This EBRI Fast Fact compares plan participants who experience spending spikes with those who do not across credit card utilization, 401(k) plan contributions, and 401(k) plan loan use.