401(k) Contributions and Account Balances Hit All Time High

New data released by Fidelity Investments in the past few days shows that the average 401(k) account balance in the United States has hit a 10-year high, reaching $71,500. This represented an increase of $8,300, or 11.5%, from the $64,200 average 401(k) balance last year. And that's not all, the news about 401(k) plans gets better ...