FIDELITY & GUARANTY LIFE 401(K) PLAN
Contribution & Savings
FIDELITY & GUARANTY LIFE 401(K) PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for FIDELITY & GUARANTY LIFE 401(K) PLAN is $127,391.00
FIDELITY & GUARANTY LIFE 401(K) PLAN Estimated Average Employee Contribution Amount
In 2024, the estimated average employee contribution amount per participant for FIDELITY & GUARANTY LIFE 401(K) PLAN is $15,398.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
985,507.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 15,398.00 in FIDELITY & GUARANTY LIFE 401(K) PLAN, assuming a 10%* annual return.
985,507.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 15,398.00 in FIDELITY & GUARANTY LIFE 401(K) PLAN, assuming a 10%* annual return.
2023 & 2024 401(k) contribution limits by IRS
| Pretax and roth employee contributions | Employee and employer contributions combined | Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over) | |
|---|---|---|---|
| 401(k) contribution limit for 2023 | $22,500 | $66,000 | $7,500 |
| 401(k) contribution limit for 2024 | $23,000 | $69,000 | $7,500 |
$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.
$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!
Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.
Keep researching FIDELITY & GUARANTY LIFE 401(K) PLAN
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- BLUE CROSS AND BLUE SHIELD OF NEBRASKA TAX-FAVORED SAVINGS PROGRAM (1,395 participants, $109,389,595)
- PHYSICIANS MUTUAL INSURANCE COMPANY AND PHYSICIANS LIFE INSURANCE COMPANY VOLUNTARY INVESTMENT PLAN AND TRUST (1,395 participants, $70,985,396)
- THE PENN MUTUAL INCENTIVE SAVINGS PLAN (1,386 participants, $97,154,343)
- HEALTH ALLIANCE PLAN 401(K) PLAN (1,404 participants, $132,583,684)
- PHYSICIANS LIFE INSURANCE COMPANY VOLUNTARY INVESTMENT PLAN (1,410 participants, $58,228,094)