Individual retirement accounts

Average 401(k) savings rate hits a record high. See if you’re on track

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Seksan Mongkhonkhamsao | Moment | Getty Images The average 401(k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb. During the first quarter of 2025, the 401(k) savings rate, including employee and company contributions, jumped to 14.3%, according to Fidelity’s quarterly analysis of 25,300 … Read more

Average 401(k) balances fall due to market volatility, Fidelity says

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A few months of market swings have taken a toll on retirement savers. The average 401(k) balance fell 3% in the first quarter of 2025 to $127,100, according to a new report by Fidelity Investments, the nation’s largest provider of 401(k) plans. The average individual retirement account balance also sank 4% from the previous quarter … Read more