Browsing Tag
401(k) Contribution Rates
56 posts
Principal: 99% of 401k Participants ‘Stay the Course’ in August
Most 401k participants and plan sponsors continue to “stay the course” while navigating the uncertainty surrounding the COVID-19…
Divorce, Job Loss Drive Early Withdrawal from 401ks
Divorce—not buying granite countertops for a remodel—is what drives people to withdraw from their 401k accounts well before…
Late Boomers Lag in 401k Balances
With the gradual shift in recent decades from defined benefit plans to 401ks, you would think younger Boomers…
401k Participation, Contributions, Diversification All Show Big Gains Over Last 5 Years
More workers than ever are saving more toward their retirement and Millennials are quickly catching up to older…
401k Millionaire Ranks Grow Again in Q4 2019
The number of 401k millionaires continues to grow, reaching record levels at the end of 2019 according to…
Nine 401k Mistakes Many Boomers Make
We’re not going to use the so-2019 catchphrase Millennials overused to shrug their shoulders at Boomers, but it…
‘Climate Apocalypse’ Reason to Discontinue 401k Plans
The Earth is in the midst of its sixth mass extinction, so forget about saving in a 401k.…
3 in 10 Have Increased 401(k) Contribution Rates in 2019
About 3 in 10 working Americans (29%) have boosted their 401(k) contribution rate in 2019, while nearly half…
Marriage Spurs Bigger Participation, Contributions to 401k Plans
Because Millennials tend to marry later than previous generations, the Center for Retirement Research at Boston College (CRR)…
ESG Investments May Prompt Greater 401k Savings
Want to boost 401k plan participation and contribution rates? Might want to consider adding socially and environmentally responsible…