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Many Workers Reducing 401(k) Contributions Amid Uncertainty
401(k) Specialist 
May 28, 2025 "While participation in 401(k) plans held steady year-over-year at 86% ... [m]ore employees are reducing 401(k) contributions specifically because they are concerned about economic impacts related to inflation or recession (39%, +3 percentage points year-over-year). This is particularly pronounced among Gen Z workers at nearly half (48%). Overall, 67% of employees say they are reducing their contributions across all savings accounts, up 4 percentage points since 2024." MORE >> |
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