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Delta Airlines saw $1 billion in early 401(k) withdrawals in 2020

Posted On: Nov. 30, 2021 9:33 AM CST

Delta Airlines employees took about $1 billion in early withdrawals from their 401(k) plan last year, according to a recent article in The Atlanta Journal-Constitution, reports 401K Specialist. The significant withdrawal of retirement funds is seen as an indication that employees were suffering financial hardships as the COVID-19 pandemic ravaged the travel industry.