A new study shows the average 401(k) plan dropped last year compared to 2021. ABC News businesses reporter Alexis Christoforous has details. WATCH the ABC News Live Stream Here: SUBSCRIBE to ABC NEWS: Watch More on LIKE ABC News on FACEBOOK FOLLOW ABC News on TWITTER: #401k #ira #retirementaccounts #retirement #investments #abcnews... ( read more )
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Reports Show 401(k) Balances Plunged in 2022 The year 2022 has not been kind to 401(k) account holders. Recent reports indicate that balances have taken a nosedive, leaving many Americans concerned about their financial futures. While the reasons behind this plunge are complex and multifaceted, they shed light on the challenges faced by individuals striving to save for retirement. One of the main contributors to the drop in 401(k) balan
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