Fidelity Sees Record High 401(k) Contribution Rates in Q1
Despite the increase to contributions, according to Fidelity, market volatility brought the average balance of 401(k), 403(b) and individual retirement...
Tag: Fidelity Investments
Product & Service Launches – 3/28/24
Guardian Life adds new RILAs; Voyant offers advisers retirement planning analysis for clients; ADP partners with Summer on SECURE 2.0...
MOVEit Hack a Lesson as Digital Threats Increase
Experts say the incident revealed how to combat the stealing and selling of personal data, but participants remain vulnerable to...
Fidelity AUA Jumps 18% Year-Over-Year in Q2 to $11.7T
Recordkeeper Principal reports SMB retirement plan growth and volatility among large plan sponsors, and Prudential's institutional retirement unit had pension...
Median Retirement Plan Value Hits Record Low in 2022
Market volatility also contributed to declines in average plan balances, contribution rates and overall plan participation, according to Alight.
Employer Contributions Hit Record High Among Fidelity Savers
The rate was driven by matching employees’ continued 401(k) deferral increases.
Many Small Businesses Cannot Afford Worker Retirement Plans
Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.