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The largest 401(k) plan administrators -- Fidelity, Aon Hewitt (NYS: AON) , and Vanguard -- boast roughly 27%, 9%, and 8%, respectively, of U.S. market share. But since they already offer very ...
New rules for 401(k)s that go into effect July 1 will require more complete disclosure about retirement account fees. that means that when investors open their statements this fall, 401(k) Fees ...
The average balances for 401(k), IRA, and 403(b) accounts also reached record highs, as did contributions. IRAs and 403(b)s saw double-digit percentage growth from 2019 to 2020 with the average ...
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 ...
Dan Solin is the author of The Smartest Investment Book You'll Ever Read (Perigee Books 2006) and The Smartest 401(k) Book You'll Ever Read (Perigee Books, June 24, 2008). Visit his website at ...
Loans against retirement plans were up overall last year, with one in seven workers borrowing money, according to new data from human-resources consulting group Aon Hewitt. Fidelity Investments ...
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodical employee contributions come directly out of their paychecks, and may be matched by the employer.