A new generation of women is stepping up to take control of their financial futures, but some still face barriers to saving enough for a secure retirement. Employers have a vital role to play in providing the tools and resources women need to close the retirement savings gap.

Americans are feeling more confident about their finances and retirement readiness, according to new data on 401(k) and health savings account (HSA) balances. Supported by greater savings rates and positive market performance, average account balances grew significantly from 2023 to 2024.