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Retirements savings

401(k) contributions higher than ever, Vanguard says. But is it enough?

by Caleigh Wells
Jun 26, 2024
The investment company found that its 401(k) holders contributed 7.4% of their earnings in 2023. Automatic enrollment is a factor.
Vanguard 401(k) holders contributed 7.4% of their earnings in 2023 — almost 12% if you include employer contributions.
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