Some High Earners Stop Maxing Out 401(k)s
Bloomberg 2026-10-09 19:19:20
Context: High earners are reevaluating their retirement savings strategies, specifically questioning the benefits of maxing out their 401(k) accounts. This shift in thinking is driven by factors such as potential tax rate changes and a desire for more control over investments. Bloomberg's Sarah Foster discussed this trend on "Bloomberg Money" with Scarlet Fu and Tom Keene.
Key Facts
- Some high earners are reconsidering the strategy of maxing out their 401(k) accounts due to various financial considerations.
- The factors influencing this decision include potential tax rate changes and a desire for more control over investments.
- Bloomberg's Sarah Foster discussed this trend on the "Bloomberg Money" program alongside Scarlet Fu and Tom Keene.