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Average 401k and IRA Balances and Returns Up in 2012

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[2012 returns and balances update] Fidelity Investments, the nation’s largest employer sponsored 401(k) administrator, recently published its 2012 statistics covering 20,200 401(k) plans with 12 million participants, showing that the average 401(k) balance was $75,900. This was the highest end-of-quarter average since the company it began tracking the data in 2000. It is up 18 percent  from $64,300 a […]

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