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Under federal regulations, 401(k) participants may tap into their accrued retirement savings before retirement under certain circumstances, including hardship. This "leakage" from 401(k) accounts can result in a permanent loss of retirement savings. GAO was asked to analyze (1) the incidence, More information...
Audience: Researcher
Type of Resource: Report
Date: 8/1/2009
… Pensions: Alternative Approaches Could Address Retirement Risks Faces by Workers but Pose Trade … Pensions: Alternative Approaches Could Address Retirement Risks Faces by Workers but Pose Trade … More information...
Audience: Researcher
Type of Resource: Report
Date: 7/1/2009
… Contribution Plan Savings May Pose Challenges to Retirement Security, Especially for Low-Income Workers … Contribution Plan Savings May Pose Challenges to Retirement Security, Especially for Low-Income Workers … More information...
Audience: Researcher
Type of Resource: Report
Date: 11/1/2007
In this report, GAO's objectives were to determine: (1) what benefit payout options and accompanying information pension plans make available to participants at retirement, (2) what benefit payouts plan participants receive at retirement, and (3) the actions available to help retiring participants More information...
Audience: Researcher
Type of Resource: Report
Date: 7/1/2003
GAO was asked to report on the implications of proposals to restructure the U.S. Social Security system by using a voluntary approach to individual retirement savings accounts accounts. GAO studied three countries that have enacted voluntary.individual account plans—the Czech Republic, More information...
Audience: Researcher
Type of Resource: Report
Date: 3/1/2003