In 2023, less than 12 percent of the participants in a survey were on track to max out their retirement contributions. While many pension plans worldwide have no contribution limit, in the U.S., the IRS (Internal Revenue Service) sets a maximum limit on contributions made to 401(k) plans by an individual and their employer every year.
Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type
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Public. (November 2, 2023). Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/
Public. "Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type." Chart. November 2, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/
Public. (2023). Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/
Public. "Confidence in Progress toward Retirement Goals for Individuals in The United States in 2023, by Respondent Type." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/
Public, Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type Statista, https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/ (last visited November 18, 2024)
Confidence in progress toward retirement goals for individuals in the United States in 2023, by respondent type [Graph], Public, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1422767/confidence-in-progress-toward-retirement-goals-for-individuals-us/
