Average rate of return on 401 k 2020
7 Feb 2020 Last Updated on February 7, 2020 by Nate Zhang How Much Does The Average Person Have In Their 401k? This is a modest return. Thanks to her savings rate, employer matching, tax deferment, and the power of 8 Jan 2020 For most workers, their 401(k) retirement plan and Social Security (FICA) On the other hand, 20 to 29 year olds on average contribute only 7%. For 2020, the Social Security tax rate of 6.2% and Medicare tax rate of 1.45%, Typically the higher the risk, the higher the potential return on investment.