Dossier
401(k) balances
Coverage of 401(k) balances in the Nexus archive.
- Women have better retirement savings habits but lower 401(k) balances than men, Vanguard finds
Women save a higher portion of their paychecks for retirement compared to men but have lower 401(k) balances. This disparity is attributed to factors like wage gaps, where women earn less than men.
- The number of 401(k) millionaires just fell — but workers hit record savings rates. What’s going on?
Fidelity's first-quarter data reveals a decline in the number of 401(k) millionaires, but workers achieved record-high savings rates. The drop in 401(k) balances is offset by increased contributions from employees.