Tag: 401(k) investments|401(k) loans/ leakage|401(k) plans|Automatic enrollment|Pension Rights Center|Statistics|Stock market|Traditional (defined benefit) pensions
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, […]