But earning a higher salary can help you save more, as long as you increase your contributions along with your income. So it ...

Despite economic pressures, 401(k) plan sponsors continued to move forward in 2024, leveraging the power of automatic solutions to help drive savings and participation rates to all-time highs.

Social Security privatization refers to proposed changes to the current Social Security system. If adopted, privatization ...

Half of American private-sector workers now save in 401(k) plans. New federal laws and state mandates drive unprecedented ...

Half of all private-sector workers now participate in 401 (k)-type plans, up from about two-fifths of employees in 2010, ...

Another big trend to influence 401 (k) contribution rates is auto-enrollment. Starting in 2025, most new 401 (k) plans must automatically enroll employees, rather than leave the decision to workers.

Average 401(k) retirement balances fell 3% from late last year through the first three months this year, according to ...

New to 401 (k) plans in 2025, this provision of the SECURE Act 2.0 enables workers between 60 and 63 to save an extra $11,250 in their 401 (k). That’s higher than the $7,500 workers over 50 can ...

SECURE Act 2.0 and 401 (k) Auto Enrollment While the Secure Act made important changes to the U.S. retirement system, many experts believe they wasn’t extensive enough to properly address the ...

And SECURE 2.0 requires most new 401 (k) pans to implement both auto-enrollment and auto-escalation. While the effect of the auto provisions on participation is clear and robust, the effect on ...

Here's a breakdown of all the new rules for 2025 and how they could affect your savings. Read more: Your Employer Can Auto-Enroll You in Their 401 (k) Plan Next Year. Here's Why ...