MARKET LOWS HAVEN'T stopped savers from socking away more money into their retirement accounts, with record 401(k) savings rates, according to Fidelity Investments Inc.
PROVIDENCE – Market lows are cutting into retirement account balances but they haven’t stopped savers from socking away more money, according to Fidelity Investments Inc. The Q1 2022 Retirement Analysis showed that while average retirement account balances decreased in the first quarter of 2022 amid a market decline, 401(k) savings rates hit an all-time high…