Browsing Tag
401(k) Contribution Rates
61 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.
401k Plan Balances, Contribution Rates Hit Record Highs: Alight
Another report is out showing record 401k balances at the end of 2020, and some good news on…
Up in All 50: Average 2020 401(k) Growth and Balances by State
The answers: Utah, North Dakota, 30.3%, South Dakota, North Dakota, 6.2% and $22,100. The questions? These are among…
New Public Sector DC Plan Database Bears First Fruit
Inaugural Public Retirement Research Lab report reveals initial look at account balances, contributions, loans, asset allocation
Fidelity: Retirement Balances (and 401k Millionaires) Hit Record Levels in 2020
Despite ongoing economic uncertainty, Fidelity Investments reports today that individual contributions to all three retirement account platforms remained…
TSP News: 401(k) Millionaire Club Grows, Returns Dive in September, Default Rate Rises in October
It’s a good news/bad news scenario when it comes to the latest developments out of the world’s largest…
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 401(k) Balances
New Center for Retirement Research brief finds 401(k) balances of Late Boomers when they were in early 50s surprisingly lags that of older 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…
401(k) Millionaire Ranks Grow Again in Q4 2019
The number of 401(k) millionaires continues to grow, reaching record levels at the end of 2019 according to…