Fidelity Investments said employee contributions to its 401(k) plans crept upward last year, while the average balance was up nearly 8 percent.
Nearly one-fifth all people with a 401(k) plan have at least one outstanding loan from it with those under 30 years old having taken an average 38.2% of their remaining untouched balance as the new ATM to maintain the credit-fueled ... 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