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A record-breaking number of retirement savers became millionaires last year, according to a new tally from Fidelity Investments. In the fourth quarter, 334,000 401(k) accounts at Fidelity had ...
At first glance, Fidelity's 401(k) plan seems to be relatively generous, with a dollar-for-dollar match of up to 7 percent of employees' salaries. Moreover, the plan includes more than 150 ...
Fidelity is the nation's largest administrator of 401k plans, and its numbers come from a survey of the accounts it holds Not surprisingly, people who have been in the workforce the longest have...
Honesty may be the best policy, but sometimes, the truth hurts. New rules for 401(k)s that go into effect July 1 will require more complete disclosure about retirement account fees. that means ...
Americans' 401(k) plans are healthier than ever before, carrying a record average balance of $74,900 at the end of the first quarter, according to a Fidelity Investments report released Wednesday.
The fact that many Fidelity investors kept their money invested helped the average 401(k) account balance rise 28% in 2009, jumping to $64,200 from $50,200 in 2008. Helping 401(k) accounts grow ...
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