Finance

Record High 401(k) Savings Rate Signals Growing Focus on Retirement Planning

Record High 401(k) Savings Rate Signals Growing Focus on Retirement Planning

The percentage is approaching a commonly used rule of thumb, and the average 401(k) plan savings rate just hit a record high. According to Fidelity’s quarterly review of 25,300 corporate plans with 24.4 million members, the 401(k) savings rate, which includes employee and company contributions, increased to 14.3% in the first quarter of 2025. According

SNAP Cuts in Proposed Budget Bill Alarm Food Banks Across Pennsylvania

SNAP Cuts in Proposed Budget Bill Alarm Food Banks Across Pennsylvania

Food banks worry that thousands of Pennsylvanians would go hungry if the budget bill that is currently in the U.S. Senate is approved. Almost 2 million Pennsylvanians rely on the Supplemental Nutrition Assistance Program to put food on the table. “For every meal the food bank provides, SNAP provides nine meals,” Jennifer Miller, CEO of