Figure 2
More people have 401(k)s, but participation in traditional pensions is more equal: Retirement plan participation of families age 32–61 by family income, race and ethnicity, education, gender, and marital status, 2013
Characteristic | Defined-benefit plan | Defined-contribution plan |
---|---|---|
All | 21% | 43% |
1st (bottom) quintile | 6% | 4% |
2nd (lower-middle) quintile | 12% | 21% |
3rd (middle) quintile | 19% | 38% |
4th (upper-middle) quintile | 30% | 54% |
5th (top) quintile | 27% | 68% |
Hispanic | 9% | 20% |
Black | 20% | 32% |
White non-Hispanic | 24% | 49% |
No high school diploma/GED | 6% | 15% |
High school diploma/GED | 21% | 34% |
Some college | 22% | 39% |
College degree or more | 24% | 57% |
Single female | 12% | 32% |
Single male | 16% | 26% |
Married or living with partner | 25% | 50% |
Note: "College degree" includes associate degrees.
Source: EPI analysis of Survey of Consumer Finance data, 2013.
This chart appears in: