Comprehensive study highlights the need for improved plan design and participant support to help with retirement security
NEW YORK, Dec. 16, 2025 /PRNewswire/ — J.P. Morgan Asset Management today released its “Retirement by the Numbers” report, revealing that anonymized Chase household data showed that 48% of plan participants carry credit card debt, which increases their likelihood of taking a loan from their retirement plan.1 High credit card balances are also associated with lower contribution rates and smaller account balances, reducing retirement readiness by up to 40% for older participants. This year’s research draws on data from 16,000 defined contribution plans and more than 12 million participants from Employee Benefit…
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