FYI: s your company being stingy when it comes to supporting your future Opens a New Window. ?
If your employer is contributing less than 4.7 percent toward your 401(k) Opens a New Window. , then you have your answer. According to a new report from Fidelity Opens a New Window. , that's the average 401(k) match companies were handing out in the first quarter of 2019.
That contribution rate Opens a New Window. , a record high, bumped the "average total savings rate (employee contributions + company match) to an all-time high of 13.5 percent in the first quarter," the financial services company said.
Regards,
Ted
https://www.foxbusiness.com/personal-finance/average-employer-401k-match-company
