A Wells Fargo study reveals key differences between men and women and their approach to managing their 401(k) plans.
Forty-three percent of men but only 39 percent of women are saving at Wells Fargo's recommended contribution index, which measures how many people are saving a minimum target of 10 percent, including the employer match.
Where gender was indicated, about half of men (49 percent) and four out of ten women (43 percent) are currently enrolled in their workplace 401(k) plan. Data was complied from 2,036 companies.
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