Here’s How Much Americans’ 401(k) Balances Will Grow In 2023. Are Your Balances Going Away?
Piggy bank with coins and “401K” written in wooden blocks The good news for retirement savers who use 401(k) plans and similar workplace retirement accounts is that an improving stock market is raising account balances. The average 401(k) has increased by an average of $7,250 — a 9.6% gain — since the end of 2022, … Read more