What Percentage Of People Max Out Their 401(k)?

Reaching the maximum limit for 401(k) contributions of $19,500 for 2021 and contributing an additional $6,000 for those 50 and older is no easy task. Let’s look at what percentage of people max out their 401(k). Only 13% of participants maxed out their 401(k) in 2017 (when the limit was $18,000), according to a 2018 … Continue reading What Percentage Of People Max Out Their 401(k)?