How the Coronavirus Crisis Might Affect Your 401(k) Benefits

The next time a global pandemic rolls around, at least we'll know what to expect. The effort to contain COVID-19 in the U.S. has changed how we work, shop, exercise, and socialize. Even our long-term savings habits might be disrupted as employers look to optimize 401(k) benefits to conserve their own cash.

According to The Wall Street Journal, the coronavirus pandemic has shut down at least 25% of the U.S. economy. Some 80% of U.S. counties are sheltering in place -- and more unnerving is that the counties under lockdown comprise 96% of national output. Companies are struggling to adjust to this new climate and making tough choices in the process.

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Source Fool.com