401(k) accounts help people save more for retirement, study says

A 2025 study found that people with 401(k) plans saved about 29% more for retirement than those without. Employer matching and tax benefits likely helped boost their savings.

A recent 2025 survey reported that people who have 401(k) retirement accounts tend to hold more savings than those without these plans. The report compares retirement balances between those with employer-sponsored 401(k)s and people who do not have access to similar accounts. 401(k) plans can include employer matching and tax-deferred growth, which are common features cited in the analysis. The study's findings are being shared as many households review how to prepare for retirement. What was reported: - The 2025 survey found that people with 401(k) plans had about 29% more in retirement savings than those without such plans. - Employer matching contributions are common and can raise overall savings amounts. - Traditional 401(k) accounts allow pretax contributions and tax-deferred growth. - Self-employed people can set up similar plans for themselves. Summary: The study suggests having access to a 401(k) is associated with higher retirement savings and greater reported readiness for retirement. You may want to review whether a 401(k) or similar account is available to you and consider employer match opportunities and tax advantages when planning contributions.