Benefits Think What’s the right 401(k) contribution rate?

Published 3 Min Read

  • Early career contributions (first 10 years): 0%
  • Mid-career contributions (second 10 years): 9%
  • Mid-career contributions (third 10 years): 22%
  • Late career contributions (final 10 years): 22%
  • Average contribution rate over 40 years: 13.25%
  • Required average contribution rate: 22%
Robert C. Lawton
President

Robert C. Lawton, AIF, CRPS is the founder and president of Lawton Retirement Plan Consultants, LLC. Mr. Lawton has over 30 years of retirement plan consulting and administration experience and has … Read full bio


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