401k balances at record high

Posted by Forexsq 614 days ago (http://money.cnn.com)
img 401(k) balances reached record highs in 2012, as a strong stock market and increased contributions helped retirement savers continue to recover from recession losses.

Fidelity Investment's average 401(k) balance hit $77,300 at the end of 2012 -- up nearly 12% from $69,100 in 2011, according to a report released Thursday by Fidelity, the country's largest provider representing 12 million U.S. workers.


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