Fidelity has surprising insights for women on IRAs, 401(k), retirement
Fidelity finds women are determined to save more money. Fidelity Investments just published a new report looking at the ...
I’m 59 with just $42,000 in my 401(k), $77,000 in student loans, and no property — after a lifetime of steady work and past struggles, is my retirement doomed?
When you are 59, you are getting very close to retirement age. Fidelity says you should aim to have eight times your salary ...
401(k) balances hit second highest on record: Fidelity
Balances for 401(k) retirement accounts hit the “second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments.
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New perspectives for 401(k) plan sponsors and investment decision makers in 2025: Fidelity
Plan sponsors need to stay on top of the evolution of DC plan lineups that now include collective investment trusts and ...
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Number of 401(k) millionaires rose 27% in 2024, Fidelity says
The number of 401 (k) accounts with balances of $1 million or more at Fidelity Investments rose 27% to 537,000 in 2024, ...
The Surprising Truth About 60-Year-Olds’ 401(k) Balances in Today’s Market
Not surprisingly, the balances in 401 (k) plans go down for people in their 70s and 80s. The average 401 (k) balance for people in their 70s is $431,962 with a median balance of $106,654. And the ...
This Is the Average 401(k) Balance for Ages 35 to 44
The data comes from fund company and retirement plan administrator Vanguard. In its 2024 report based on its look at each if ...
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Most 401(k)s have at least 1 fiduciary ‘red flag’ violation: Is yours at risk?
More than 600,000 American companies could be at risk of fines, legal penalties and fiduciary failure for failing to ...