The investment company found that its 401(k) holders contributed 7.4% of their earnings in 2023. Automatic enrollment is a factor.

A new Vanguard study says 401(k)s aren’t enough for many people to retire, and that the top 20% of earners get 44% of employer contributions.

The average 401(k) balance is a tenth of what a middle-class person would need to maintain their lifestyle, one expert says.

The details on this savings tactic and how it’s changing in 2024.

Included in the $1.7 trillion spending bill Congress recently passed are measures to help grow workers’ emergency savings.

And companies may have good reasons not to.

The House approved it by an overwhelming, bipartisan majority.

The CARES Act made it easier to get money out of retirement savings early. But that only helps people with enough cushion to have a 401(k).