Retirement account balances lost almost 25 percent last year: Fidelity
8 Articles
8 Articles
Retirement account balances lost almost 25 percent last year: Fidelity
Average retirement account balances dropped nearly 25 percent last year, according to a new report by Fidelity. Although retirement balances increased in the fourth quarter of 2022, the average balance of individual retirement accounts (IRA) dropped by 23 percent from the fourth quarter of 2021, according to Fidelity’s research, which was released on Thursday. The…
401(k) balances rise, despite economic and market challenges
By Jeanne Sahadi, CNN Business Despite higher prices, endless talk of a possible recession and falling markets, 401(k) participants managed to keep their savings rates relatively steady in the fourth quarter of last year, helping to stabilize their nest eggs and increase their overall average balances. That’s according to new data from Fidelity Investments, one
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage