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Archive Home > 2009 > October > 29 > Tempted to tap your 401(k)? You're not alone

Tempted to tap your 401(k)? You're not alone

By David Pitt / The Bulletin
October 29, 2009

DES MOINES, Iowa — Millions of workers take a huge chance with their retirement savings every year: They cash out their 401(k) accounts when they lose their jobs or move to new employers.

When people cash out, a chunk of their money just disappears.

Employers and financial advisers have warned....

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