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Dollar caps on 401(k) matches seen as more fair; Percentage-based formulas disproportionately benefit higher earners, Vanguard says

Source :
Pensions & Investments. August 12, 2024, Vol. 52 Issue 11, 0002
Publication Year :
2024

Abstract

Byline: Margarida Correia Even in their generosity, employers can unwittingly be unfair. That's one of the biggest takeaways from a new Vanguard report that looks at the 401(k) matching contributions [...]

Details

Language :
English
ISSN :
10504974
Volume :
52
Issue :
11
Database :
Gale General OneFile
Journal :
Pensions & Investments
Publication Type :
Periodical
Accession number :
edsgcl.804916482