401(k)s hit records as workers sock away more, stocks jump

THE AVERAGE 401(k) balance in the U.S. rose 17% in 2019 to $112,300. / AP FILE PHOTO/RICHARD DREW
THE AVERAGE 401(k) balance in the U.S. rose 17% in 2019 to $112,300. / AP FILE PHOTO/RICHARD DREW
NEW YORK (AP) – How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90% or 95%. The average 401(k) did indeed hit a record last year, although its growth was considerably less than that. The average 401(k) balance rose 17% last year to…

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