employer contributions Archives - Marketplace

How equitable are 401(k) plans?

by Caleigh Wells

Jun 6, 2024

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.

White employees and those with well-off parents reap the biggest benefits of 401(k)s, said MIT finance professor Taha Choukhmane.

DNY59/Getty Images

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