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Same Income, Same 401(k), Different Account Balances? Plan Design Is Key to Wealth Gaps
By Lynn CavanaughPre-retirement withdrawals is the single biggest factor causing wealth disparities.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
Pre-retirement withdrawals is the single biggest factor causing wealth disparities.