Browsing Tag
401(k) Account Balances
67 posts
A 401(k) account balance is the total value of funds accumulated in an individual’s employer-sponsored retirement plan. It includes employee contributions, employer matches, and investment gains or losses. The balance reflects the current market value of all assets held in the account, such as stocks, bonds, or mutual funds, and represents the amount available for future retirement income.
Self-Directed 401(k) Balances Jump in Q2 2020
A 3.3% year-over-year increase and a 13% increase from the end of the first quarter of 2020? Not…
401(k) Millionaire Ranks Rebound in Q2
COVID-19 be damned, the numbers of 401(k) millionaires are back up near record highs according to second-quarter data from Fidelity.
401k Participants Stay the Course Despite Market Volatility
Financial advisors have been urging 401k investors to sit tight and ride out the COVID-19 market volatility, and…
Trump Touts 401(k) Growth in State of the Union
President Donald Trump gave a nod to the success of 401(k)s as he hailed the “Great American Comeback”…
The ‘Set & Forget’ Folly: Many Never Rebalance 401ks
About 30% of people with a 401k or IRA say they don’t rebalance or reallocate their retirement plan…
401(k) Assets Continue to Climb
Total U.S. retirement assets were $29.8 trillion as of June 30, up 2.3% from March. Retirement assets accounted…
401(k) Millionaire Club Hits Record High: Fidelity
401(k) millionaires hit record highs in 2019 as Fidelity reports more Americans boosting retirement savings and contribution rates.
Trump on 401(k)s: Vote for Me or It’s ‘Down the Tubes’
Love him or hate him, President Trump said in New Hampshire on Thursday that Americans must vote for…
Gender Financial Gap Massive in 401k Balances
Lower earnings and lower retirement savings rates have led to a large disparity in the median 401k balances…
Top 401(k) Plans Ranked by Industry
It’s always interesting to hear about companies that offer particularly strong 401(k) plans, which is why MONEY’s new…