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On average, Fidelity found that 401(k) participants were socking away a little more than 14% of their salary – of which 9.5% came from employee contributions and 4.8% came from their employer’s matching contributions.—Jeanne Sahadi, CNN Money, 4 Sep. 2025 Relentless messaging on Social Security, from politicians and personal finance websites, might suggest workers are socking away their own money to pay for their eventual retirement.—Daniel De Visé, USA Today, 21 Aug. 2025 Clients will have half a million or a million dollars socked away, but are still clipping coupons.—Mike Zaino, Forbes.com, 15 July 2025 Americans are continually encouraged to sock away money in a 401(k) or other retirement plan to ensure a comfortable, if not cushy, life in their later years.—Alain Sherter, CBS News, 27 June 2025 See All Example Sentences for sock away
Word History
Etymology
from the practice of concealing savings in the toe of a sock
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