Credit on the Future: 401(k) Financing as well as their Effects
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Inside the an alternate report titled, “Borrowing on the Upcoming: 401(k) Bundle Fund and Financing Defaults,” Olivia S. Mitchell, Wharton teacher of economics and personal rules, assesses the brand new loans anyone take off their 401(k) retirement agreements, why it capture such financing and you can what happens when this type of borrowers leave the work. The newest papers are co-published by Timothy (Jun) Lu off Peking College, HSBC Providers College or university, and you can Stephen P. Utkus and you can […]