Browsing Tag
401(k) Contribution Rates
60 posts
A 401(k) contribution rate is the percentage of an employee’s salary that they choose to contribute to their 401(k) retirement plan. Employers may also add matching contributions based on this rate. Contribution rates determine how much money is regularly invested for retirement, impacting long-term savings growth.
401(k) Savers Cut Back on Personal Spending, Not Retirement
Schwab’s annual nationwide survey of 401(k) participants finds retirement confidence dips amid inflation concerns, but few are curbing plan contribution rates
401(k) Balances Down in Q1, But Deferral Rates Hit Record High
Fidelity’s Q1 2025 Retirement Analysis shows volatility didn’t spook participants/employers from saving more than 14% of paychecks, nearing recommended 15%
4 in 10 Employees Cutting Back on 401(k) Contributions Amid Economic Uncertainty
Morgan Stanley retirement study findings released today show some employees tightening their belts; looking for more retirement planning assistance from employers
Top 10 Highlights from PSCA’s Newest Survey of 401(k) Plans
Participants and organizations contributed more to 401(k)s in 2023 than the year before, finds PSCA in their latest survey
Employees Mistakenly Believe They’re Contributing to Retirement
The Principal study finds nearly 60% of workers who believe they are contributing to their 401(k)s have not
Managed Account Participants Contribute Higher Percentage of Income
Edelman Financial Engines report analyzes 20 years of 401(k) managed account data
Access to 401(k)s Surges Past 70 Million in 2023: Capitalize
New Capitalize 401(k) Statistics Tracker finds 6 in 10 U.S. workers now have access to a 401(k) at work
401(k) Millionaire Ranks Spike 20%
Fidelity report out today finds average workplace retirement account balances at the end of 2023 hit highest level in nearly two years
401(k) Savings Incentives Seriously Amplify Wealth Gaps: MIT Paper
Researchers find Black, Hispanic workers contribute 40% less to 401(k)s
Student Loan Payments Negatively Impact 401(k) Contribution Rates, Account Balances
Joint EBRI-J.P. Morgan Asset Management report finds making student loan payments lowered both the average employee contribution rate and account balance