The average American contributes a percentage of their paycheck to their 401(k). Here's how your savings rate compares.
The new change to catch-up contributions could mean you’ll have more taxable income in the next filing year. For ...
Workers put away a record share of their income for retirement in the year’s first quarter, according to Fidelity Investments’ Q1 2025 retirement analysis. The average contribution rate to 401(k) ...
Nevada state fire and police officers may see their take-home pay decrease 4% later this year after an approved employee retirement contribution rate hike goes into effect. The Nevada Police Union in ...
If you have a 401(k) plan through your job, your goal should be to max out your contributions or get as close to maxing out as possible. Now given that 401(k) contribution limits currently sit at ...
Two of the most widely used mechanisms to improve participation in 401(k) plans – automatic enrollment and automatic escalation of contribution rates – may be much less effective than previously ...
Retirement contribution rates reached record highs, with combined worker and employer contributions equal to 13.9% of pay in 2021, new data from the Plan Council of America show. Workers and employers ...
The more you contribute to a traditional 401(k), the more income you protect from taxes. Boosting your contributions could lead to more free money from your employer. Pumping more money into your ...
Major reforms to the national pension system will take effect next year, including increases in both contribution rates and ...