Personal saving – Techwen

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

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

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

3 smart money moves to make

3 smart money moves to make

In minutes released this week from the Federal Reserve’s May meeting, central bank policymakers indicated that an interest rate cut isn’t coming anytime soon. Largely because of mixed economic signals and the United States’ changing tariff agenda, officials said they will wait until there’s more clarity about fiscal and trade policy before they will consider lowering rates again. … Read more