Record-Breaking 401(k) Savings Rates Signal Growing Investor Confidence and Retirement Readiness, Report Reveals
The 401(k) Savings Surge: What Investors Need to Know Now The momentum behind 401(k) savings rates is not just holding steady—it’s reaching unprecedented heights. In 2024, the average combined savings rate (employee deferrals plus employer contributions) hit a remarkable 12%, matching the all-time high recorded in 2023, according to Vanguard’s latest analysis of over 1,400…