How the Pandemic Has Affected Retirement Savings Accounts

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10/14/21, 1:12 PM

How the Pandemic Has Affected Retirement Savings Accounts | Matt Dixon | Professional Overview, Philanthropy

a How the Pandemic Has Affected Retirement Savings Accounts by mattdixon | Oct 4, 2021 | matt dixon

The COVID-19 pandemic has devastated the global economy over the past year. Many people have suffered extensive personal financial hardships as a direct result of the pandemic, from losing jobs to home foreclosures. Rent has gone unpaid, mortgages have stalled, cars have been repossessed, medical debt has flourished, and more due to people being unable to work either because of lockdowns or job loss.

Unsurprisingly, many have found it difficult to pay bills and have had to take funds from their 401(K) or IRA retirement accounts to stay solvent. The pandemic has affected retirement savings accounts in the following ways: https://mattdixongreenville.com/how-the-pandemic-has-affected-retirement-savings-accounts/

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