Few Workers Max Out High 401(k) Contribution Limits

Despite being allowed to save up to $35,000 annually in their 401(k)s, most workers do not utilize these super catch-up contribution rates due to a lack of discretionary income.

29 Apr, 15:14 — 29 Apr, 15:14

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marketwatchMostly Factual2h ago

These workers are allowed to save $35,000 a year in their 401(k)s. Here’s how many actually do it.

Super catch-up contribution rates are low: “Most people don’t have that kind of discretionary income.”

By Jessica Hall

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Few Workers Max Out High 401(k) Contribution Limits

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These workers are allowed to save $35,000 a year in their 401(k)s. Here’s how many actually do it.

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