Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...
The typical American has less than $40,000 saved for retirement in a 401(k). If you want to boost your savings, be strategic with your spending, especially when it comes to big expenses. Also make ...
During the third quarter of the year, 401(k) balances rose substantially from the previous quarter. Stock market gains were a likely contributor. There are steps you can take to boost your 401(k) ...
A large portion of employees withdraw their entire 401(k) balance when they leave a job rather than rolling it over to their ...
A strong market is boosting Americans' nest eggs: Average 401(k), IRA and 403(b) account balances hit record highs in the third quarter, according to Fidelity's latest data. Year over year, 401(k) ...
Retirement savings form a core pillar of financial security for millions of Americans. The health of 401(k) and IRA balances signals not only the state of individual household finances but also the ...
The average 401(k) balance is now $107,430, according to new Bank of America data. But 401(k) participants in plans that use auto-enroll and auto-increase features have an average account balance of ...
More workers are dipping into retirement funds to cover emergencies—but the long-term costs can be devastating ...
CHARLOTTE, N.C., June 28, 2023 /PRNewswire/ -- Today, Bank of America (BAC) released its 2023 Financial Life Benefits® Impact Report, revealing that the average 401(k) account balance among men is 50% ...