Pensions&Investments

401(k) participants' savings rates, employer contributions reached all-time high in 2021 — PSCA

401(k) participants boosted their savings rates to an all-time high last year, according to the Plan Sponsor Council of America's 65th Annual Survey of 401(k) and Profit-Sharing Plans released Tuesday ...
Business Wire

Despite the "Great Resignation," Saving for Retirement Is Still a Priority, as Account Balances and Contributions Reach Record Levels, According to Fidelity

BOSTON--(BUSINESS WIRE)--Record 401(k) account balances at $130,700. Record total IRA accounts (driven by young investors) at 12.3 million. Nearly 40% of individuals increased their 401(k) ...
HR Dive

Retirement contribution is up, but employees still face challenges

Benefits professionals could glean some good news from Vanguard’s recent report on 401(k) behaviors by generation: Overall, participation in retirement-minded saving increased from 2006 to 2021. The ...