401K balances reach 12 year high - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

401K balances reach 12 year high

NewsChannel 10

After getting hammered by the Stock Market crash and recession, 401K balances have reached a 12 year high.

According to Fidelity Investments, Americans' average 401K balance at the end of the first quarter was just under $75,000.

That's a 12% jump from a year ago and the highest since Fidelity started keeping track.

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