Although the percentage of people who stopped making contributions to their 401(k) in the first half of 2009 edged up higher from levels throughout 2008, the figure was still a negligible 4.6%, the Investment Company Institute said. In 2008, 3.7% gave up on 401(k) contributions.

The ICI also found that the overwhelming majority of participants are not tapping their plans for withdrawals; in the first six months of 2009, only 1.8% of workers withdrew money from their 401(k) and only 0.9% took hardship withdrawals. The numbers were a bit higher in 2008, with 3.9% of people taking withdrawals and 1.3% taking hardship withdrawals.

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