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Here's how many people withdrew $100,000 from their 401(k) accounts due to coronavirus

Here's how many people withdrew $100,000 from their 401(k) accounts due to coronavirus

The CARES Act made it easier for distressed households to take withdrawals from their retirement accounts. Of the people who drew down from their 401(k) plans at work, 4% took the maximum, or $100,000, according to data from Vanguard.