Browsing Tag
401(k) Contribution Rates
56 posts
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
June 6, 2024
Managed Account Participants Contribute Higher Percentage of Income
Edelman Financial Engines report analyzes 20 years of 401(k) managed account data
June 5, 2024
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
March 14, 2024
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
February 27, 2024
401(k) Savings Incentives Seriously Amplify Wealth Gaps: MIT Paper
Researchers find Black, Hispanic workers contribute 40% less to 401(k)s
February 9, 2024
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
February 8, 2024
401(k) Contribution Rates Slip in 2022: PSCA
66th annual survey of defined contribution plans shows declines from all-time highs in 2021
November 16, 2023
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
November 7, 2023
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
August 22, 2023
Divide Doubles Between High, Low-Income Worker Retirement Account Balances
GAO report says lawmakers concerned current tax incentives heavily favor wealthy savers after report finds gap in account balances more than doubled from 2007-2019
August 4, 2023