The current economy has affected how nearly half of Americans approach IRA contributions, according to a Charles Schwab quarterly retirement pulse survey. Eighteen percent of those with an IRA are contributing less to their retirement account so they can cover every day expenses, 6 percent say they can’t afford to contribute to both their 401(k) and their IRA and 10 percent have withdrawn money from their IRA.

It isn’t all bad news. Fifteen percent of people with IRAs said they are now contributing as much as possible for retirement.

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