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If you've been steadily building your 401(k), there's some exciting news. According to a new report from Fidelity Investments, retirement savers have plenty to celebrate: average 401(k) balances ...
Of course, for the vast majority of 401(k) participants, the numbers were less flashy and the trends a mix of good and bad news. Great stock market returns can’t create an adequate retirement ...
Let's start with the good news. Fidelity Investments says the average balance for 401k retirement funds has jumped to a record high of nearly $81,000 dollars ... and up 75 percent since the stock ...
More retirement savers reach millionaire status in the second quarter of the year thanks to a strong stock market and steady ... savers in Fidelity 401(k) plans at the end of the second quarter ...
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024
The average 401(k) balance rose to $107,700 by the third quarter of 2023, up 11% from the year before, according to the latest update from Fidelity Investments, one of the largest retirement plan ...
All told, there were 378,000 retirement savers in Fidelity 401(k) plans spotting balances of seven figures and beyond as of June 30, up from 340,000 at the end of March and 299,000 at the end of ...
Average 401(k) account balance by age. Fidelity regularly posts updated aggregated data for its 401(k) ... 401(k) accounts, up from the second quarter's count of 497,000 thanks to recent market ...
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