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How did 401(k) participants react to the market volatility of 2008?

April 26, 2017market participants react volatility

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How did 401(k) participants react to the market volatility of 2008?

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An examination of account records of 22 million defined contribution participants found that in 2008 only 3.7 percent of participants stopped contributing to their accounts. In addition, most participants maintained their asset allocations, with 14.4 percent changing the asset allocation of their account balances and 12.4 percent changing their contribution mix.