(k) cathc up contributions. Ignoring these changes could get you in trouble with the IRS or cause a suprise tax bill.
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) ...
While the second quarter of the year may be a different outcome following market volatility on Wall Street after Trump’s tariffs announcement, Q1 average contribution rate to 401(k) plans hit 14.3%, ...
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 ...
Fidelity reported that 512,000 savers were 401(k)-created millionaires in the first quarter, down about 4.6% from 537,000 in the fourth quarter of 2025. Most individuals continued to contribute to ...
Although many Americans have fallen behind on their retirement savings, it’s not necessarily for lack of effort. In fact, Americans overall are contributing to their 401(k) accounts at a record rate, ...