The average 401(k) savings rate hit a record high. See if you’re on track.
The average 401(k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb.
During the first quarter of 2025, the 401(k) savings rate, including employee and company contributions, jumped to 14.3%, according to Fidelity’s quarterly analysis of 25,300 corporate plans with 24.4 million participants.
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The Silicon Valley Bank Crisis Explained
Silicon Valley Bank wasn’t an ordinary bank. It became the go-to bank for venture-funded technology startups in the most fertile business environment for innovation over the past 50 years, Silicon Valley.
As business boomed over the past few years, Silicon Valley Bank made a big bet; it would invest in a virtual risk-free investment: government debt.
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