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The average 401(k) balance for five ... Ages 25 to 34. Average account balance: $37,557. Median account balance: $14,933. ... expected long-term expenses, age and contribution limits.
Average and median 401(k) balance by age. ... Ages 25-34. Average 401(k) balance: $37,557. ... and perhaps you can maximize your 401(k) plan. The 2024 contribution limit is $23,000. Those aged 50 ...
Across all age groups, the average 401(k) balance is $112,572. ... 25 to 34. $30,017. $11,357. 35 to 44. $76,354. $28,318. ... Many 401(k) plans offer matching contributions, where the employer ...
The report includes a breakdown of account balances among Vanguard 401(k) participants, separated by age. Among all workers across generations, the average 401(k) balance is $134,128, according to ...
It's critical to have a savings goal unique to your situation, but sometimes it helps to see how you compare.
The IRS places contribution limits on 401(k)s: For 2024, the contribution limit is $23,000, with an additional $7,500 allowed in catch-up contributions for workers who are age 50 or older.
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