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Employee Benefits

DC plan withdrawals remained low in 2022, despite headwinds: ICI

March 24, 2023 Reprints

Despite market volatility, inflation, and lingering concerns of a recession, recent Investment Company Institute research shows defined contribution plan participant withdrawal activity remained low in recent years, reports 401K Specialist. According to ICI, 4.1% of DC plan participants took withdrawals in 2022, compared with 4.1% in 2021 and 3.8% in 2020.

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DC plan withdrawals remained low in 2022, despite headwinds: ICI

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