Tag: 401(k) investments|401(k) loans/ leakage|401(k) plans|Automatic enrollment|Pension Rights Center|Statistics|Stock market|Traditional (defined benefit) pensions
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The retirement savings crisis
The state of retirement savings in America is in big trouble. According to Fidelity Investments, the average 401(k) balance among its 11.8 million accounts increased to $74,600 at the end of the first quarter 2012, a 62 percent increase since the end of the first quarter 2009. While it’s good news that balances are up, […]