All Articles Tagged "black personal finance"
Hewitt Says 401(k) Balances Remain 11% Lower Than in 2007
(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.
