Jul 14, 201604:59 PMBlog

South Sound ranks among best 401K cities

Jul 14, 2016 - 04:59 PM

How far is your 401K going to take you in retirement?

According to a study by financial website SmartAsset, if you live in Centralia or University Place, the answer is pretty far.

SmartAsset ranked the two South Sound cities among the top 10 Washington communities with the best 401K plans. Centralia came in at sixth on the list, while University Place ranked 10th.

The site’s methodology involved weighing factors such as employer contribution percentage, annual administrative fees, and investment performance. You can read the detailed study at this link.

Both South Sound cities fare well compared to the state average when it comes to employer contributions, with Centralia (at 50.9 percent) and University Place (56.1 percent) far outpacing the state (33.5 percent).


Edit Module
Bookmark and Share Email this page Email Print this page Print Feed Feed
Edit Module

About This Blog

Follow our blog for all the latest in local business news. To get the top local business news, subscribe to Daily Biz Briefs email newsletter. As a reader of this FREE email you get breaking business news each business day afternoon delivered right to your email inbox.



Atom Feed Subscribe to the Blog Feed »

Recent Posts