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Most Companies Are Still Committed to 401(k)s


While you may not feel as committed to 401(k) plans as markets roil, luckily, most companies still are. U.S. corporations understand that a 401(k) is a favorite employment perk. In fact, Charles Schwab’s 2023 401(k) Participant Study revealed that 88% of workers considered access to this type of workplace plan a must-have benefit, with a 401(k) plan second only to employer-sponsored health insurance in terms of fringe benefits that are considered essential.

Fortunately, workplace retirement plans are available to almost 75% of workers. The good news is that employers are very committed to continuing to offer them. The 2025 Enduring Retirement Model Study conducted by MetLife makes clear that plan sponsors understand how vital 401(k)s are, and most would not only not eliminate them but would also be reluctant to even implement major changes.


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