Hewitt Says 401(k) Balances Remain 11% Lower Than in 2007

April 22nd, 2010 - By TheEditor

(Bloomberg) –  Average account balances of 401(k) retirement plans remain 11 percent lower than 2007, according to Hewitt Associates, a human-resources consulting firm.

Participants in the employer-sponsored plans had account balances of $70,970 in 2009, down from $79,570 in 2007, according to a report released today that surveyed almost 3 million employees.

Read More…

More from StyleBlazer
More from MommyNoire

MadameNoire Video

Comment Disclaimer

Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN

Get the MadameNoire
Newsletter
The best stories sent right to your inbox!
close [x]