Browsing Tag
401(k) Participant Pulse
3 posts
401(k) Account Balances See Marginal Increase in Q1
The increase in balances is linked to a slight uptick in 401(k) participant contributions, says BoFA
401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans
Bank of America's “Participant Pulse” survey reveals average plan balances have increased nearly 10% this year, but hardship distributions and loans are also on the rise
Retirement Savings See Slight Boost in 2023
The latest Bank of America 401(k) Participant Pulse report found average retirement savings rates increased in Q1