Average 401k and IRA Balances and Returns Up in 2012

[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 …

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2012 401K, IRA and Roth IRA Contribution and Income Deduction Limits

[Updated with 2012 details] 2012 tax advantaged retirement plan contribution limits have officially been released by the IRS, with slight increases over 2011 limits; due mainly to cost of living adjustments (COLA). Further with increases in income phase-out thresholds, more people can benefit from employer …

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