Fidelity Investments said employee contributions to its 401(k) plans crept upward last year, while the average balance was up nearly 8 percent.
Fidelity Investments will cut nearly 1,300 jobs, or 2.9 percent of its staff, this month and plans more layoffs in the first three months of next year, the world’s biggest mutual fund company said on Thursday. Fidelity’s biggest job... Read Post
These days, most of the news about the state of our retirement savings is bad news . But a recent study from Fidelity Investments contained two very good pieces of news. The average 401(k) balance among the clients the firm surveyed... Read Post