Browsing Tag
401(k) Contribution Rates
57 posts
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
401(k) Contribution Rates Slip in 2022: PSCA
66th annual survey of defined contribution plans shows declines from all-time highs in 2021
UAW Strike Settlements: No Comeback for Pensions, But 401(k)s Get Big Boost
Ford, Stellantis and GM union members to get 10% employer contribution to defined contribution plan as result of strike-ending deals
Biden Formally Unveils SAVE Plan to Combat Student Loan Debt
President says 20 million borrowers could benefit from new “Saving on a Valuable Education” plan