Gen Z Super Savers plan to save more than $2 million by the end of their careers, says a new survey that targeted retirement plan participants ages 18 to 57 who contributed $17,550+ in 2021,
This latest notice, which gives employers until the end of 2025 to make most changes to their 401(k)s, impacts provisions of CARES and Relief Acts that were not addressed by previous deadline extensions.
Employers need to look for ways to help their employees pay down debt, save for retirement and boost overall financial wellness.
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