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.
Nine 401(k) 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 401(k) Plans
The Earth is in the midst of its sixth mass extinction, so forget about saving in a 401(k).…
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…
What’s Driving Record 401(k) Savings Rates?
Christmas came a bit early last year when the Plan Sponsor Council of America announced in mid-December that…
IRS Reveals 401(k), IRA Contribution Limits For 2019
401(k) contribution limits rise to $19,000 in 2019, helping employees save more for retirement with updated IRA and Roth IRA limits.
What Happened With IRA Balances, Contributions, Allocations and Withdrawals?
The Employee Benefit Research Institute is out with its latest measure of IRA account balances, contributions, withdrawals and…
What’s Happening with Company 401k Contributions?
Costs are falling and contributions are rising. A consequence of fee litigation? Whatever the reason, it’s good (or…
Why Roth Tax Math Works in 401(k)s
Frequent questions from 401(k) plan participants focus on the type of contributions they should make; either Roth 401(k)…