Browsing Tag
401(k) Contribution Rates
56 posts
401(k) Contribution Cutbacks Likely When Student Loan Payment Pause Ends
New Empower research finds 4 in 10 borrowers consider curtailing retirement contributions to help pay off student loans
401(k) Gender Savings Gap Still Large, But Smaller for Younger Participants
Bank of America finds that while men’s average account balance exceeds women by 50%, women in younger generations are closing the gap
Millennials, Gen Z Cutting Back on Retirement Contributions?
Morgan Stanley at Work survey finds more than 3 in 4 younger participants say they have reduced contributions, citing inflation and recession concerns
DC Withdrawal Activity Remained Low in 2022: ICI
Research from the Investment Company Institute finds withdrawal and contribution activity remained low in absolute terms throughout last year
401(k) Balances Dropped 20% in 2022 at Fidelity, But Increased in Q4
Fidelity’s just-released 2022 Retirement Analysis reveals that average account balances rose in Q4 and retirement savers continue to focus on the long term with savings rates remaining steady
BoA ‘401(k) Participant Pulse’ Report to Track Participant Confidence
The new reports from BoA will track 401(k) plan participant confidence to assess what trends are impacting retirement planning and financial wellness
Most Americans Coping with Inflation By Cutting or Halting Retirement Contributions
Allianz Life study shows many are prioritizing present financial needs at the cost of their retirement
Investors are Getting their Finances (and Retirement) In Order with these New Year’s Resolutions
Budgeting and saving aren't the only top financial resolutions for investors in 2023
401ks Saw Record-High Contribution Rates Last Year: PSCA
Just-released Plan Sponsor Council of America Survey of 401k and Profit Sharing Plans shows the highest employer contribution rate in the 65-year history of the survey
Competing for those 401k Dollars: Rising Consumer Costs
Increasing costs for housing, automobiles and groceries coupled with surges in consumer credit card and student loan debt put increased pressure on 401k participants