Fidelity: 401(k) average balance slips 2 pct in 2Q

ap.org (10 months and 18 days ago)

Aug 2, 2012

BOSTON (AP) -- Workers continued to stash more money in their 401(k) plans in the second quarter, but the stock market's modest decline left them slightly further behind in reaching their savings goals.... full story

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Back in fashion: Average balance in Fidelity 401(k) plans hits a record high

Checked out your 401(k) lately? Chances are it's looking pretty good again. The average balance in a Fidelity Investments 401(k) plan hit a record $77,300 at the end of last year.

nydailynews.com (4 months and 5 days ago)

Average 401(k) Up 75 Percent Since '09

The average 401(k) balance hit a record high of $80,900 in the first quarter, according to Fidelity Investments.

cnbc.com (27 days ago)

Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009

BOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey of its accounts. Most of the recovery is linked to a stock market rally that has lifted the broad S&P 500 Index 145...

yahoo.com (28 days ago)

Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009

reuters.com (28 days ago)

Should You Pay Someone to Manage Your 401(k)?

Fidelity says the average 401(k) balance topped $80,000 for the first time in Q1, reports CNBC's Sharon Epperson. Niall Gannon, The Gannon Group, and Patricia Powell, Powell Financial Group, discuss.

cnbc.com (26 days ago)

Fidelity: 401(k) Balances Reach Record Highs

Have you checked your 401(k) balance lately? You might be in for a pleasant surprise.

forbes.com (27 days ago)

The Average American Contributed $2,733 To Their 401(k) In 2012

One of the headline grabbing stories making the rounds today was that the average 401(k) balance, as reported by Fidelity, rose by 12% to an all time high of $77,300 in 2012 from $69,000 the year before. Considering that Bernanke, as well as the entire developed world, have now made it clear they will not stop pumping money into the market until they generate enough...

zerohedge.com (4 months and 5 days ago)

Andrea Coombes' Ways and Means: 401(k) balances hit record highs

A combination of investment gains and worker contributions helped push the average amount stashed in a 401(k) to its highest level ever by the end of 2012, according to the latest Fidelity Investments analysis of the retirement-savings plans it manages.

marketwatch.com (4 months and 5 days ago)