Defaults on 401(k) Loans Threaten Retirement Wealth

A growing number of people are defaulting on loans taken against their 401(k) retirement accounts, with the loss amount nearly 3% of $7.8 trillion in 401(k) accounts. Wall Street Journal retirement reporter Anne Tergesen explains how workers leaving jobs before repaying loans is often the culprit. Learn more about your ad choices. Visit megaphone.fm/adchoices