Reported 2 days ago
According to Fidelity Investments, despite experiencing market fluctuations, 401(k) savers maintained a record average savings rate of 14.3% in the first quarter of 2025. The data shows that employees contributed an average of 9.5%, with employers adding 4.8%. Notably, only a small percentage changed their asset allocations, indicating a commitment to long-term savings strategies amidst economic uncertainty, supported by automatic enrollment and the popularity of target-date funds.
Source: YAHOO