{"id":5945,"date":"2022-01-23T16:39:46","date_gmt":"2022-01-23T21:39:46","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5945"},"modified":"2022-01-23T16:39:46","modified_gmt":"2022-01-23T21:39:46","slug":"401k-leakage-is-a-big-deal","status":"publish","type":"post","link":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5945","title":{"rendered":"401(k) leakage is a big deal"},"content":{"rendered":"<p>The Treasury and Congress\u2019 Joint Committee on Taxation have provided new estimates of how much. Money is \u201cleaked\u2019 out of 401(k) plans and Individual Retirement Accounts.<\/p>\n<p>Leakages come from three withdrawal sources: cash-outs when participants change jobs, hardship withdrawals, and defaulted plan loans.<\/p>\n<p>The study by the Joint. Committee suggests that age-60 balances are reduced by 31%.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The Treasury and Congress\u2019 Joint Committee on Taxation have provided new estimates of how much. Money is \u201cleaked\u2019 out of 401(k) plans and Individual Retirement Accounts. Leakages come from three withdrawal sources: cash-outs when participants change jobs, hardship withdrawals, and &hellip; <a href=\"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5945\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5945"}],"collection":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5945"}],"version-history":[{"count":1,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5945\/revisions"}],"predecessor-version":[{"id":5946,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5945\/revisions\/5946"}],"wp:attachment":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5945"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}