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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.

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Frank Ready

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

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Retirement
Defined Contribution
Retirement Trends