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Tuesday, August 24, 2010

Fidelity's Numbers Go Viral

Reported by Hung Tran

Friday last week, Fidelity released stats on 401(k) hardship withdrawals and loans and since then, the numbers have turned up seemingly almost everywhere.

CNBC's Erin Burnett talked about the numbers with two guests Friday afternoon, with the discussion entitled "Bye Bye Retirement Savings." The Fidelity data likewise prompted Fox Business' Neil Cavuto to write an article entitled "401-Not-OK."

Other media outlets that picked up the numbers include Wall Street Journal, CNN, MarketWatch, The Boston Globe , The Atlanta Journal , the San Francisco Chronicle and Newsday.

A version of the Associated Press article turned up sites like the Huffington Post and the Daily Caller.  

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