Topic: Fidelity Investments

Fidelity: retirement fund withdrawals rise in downturn

BOSTON (Reuters) - A record number of U.S. workers are tapping into their retirement accounts to make it through the economic downturn, Fidelity Investments found in a survey released on Friday. Among the 11 million workers whose 401(k) plans are run by ...
Fidelity: Struggling workers increasingly tapping 401(k) accounts for needed cashIn the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals from their retirement accounts in the ...

Fidelity-401(k) balances up as contributions resume

BOSTON (Reuters) - Fidelity Investments said average U.S. retirement-account balances continued to rise in the first quarter as stock markets recovered and more savers resumed contributions to their 401(k) savings accounts. Fidelity disclosed the results in its quarterly retirement-savings survey on Wednesday. ...
Fidelity: Commitment to saving helped 401k accounts grow despite volatile marketIf you had money in the stock market over the past decade, you probably agree that it was one bumpy experience. It might lead you to think your retirement account didn't fare ...
Vanguard: Market upswing and new contributions help 401k accounts recoverAnother major provider of 401(k) accounts says the typical retirement saver now has more money in their account than they did before the stock market began tumbling two years ago. The Vanguard Group ...
Fidelity Investments: Workers again putting more into 401(k)s, reversing recent trendWorkers are again embracing 401(k) plans after the market meltdown and ongoing recession left many unable or unwilling to set aside some of their paychecks for retirement, according to the nation's largest ...

CORRECTED: Young investors wary of jumping into market

BOSTON (Reuters) - Young investors may accept the argument that those who begin investing when stocks are cheap end up with more retirement money, but after the turmoil of the past year, some find it hard to put their money in the ...

Young investors wary of jumping into market lows

BOSTON (Reuters) - Young investors may accept the argument that those who begin investing when stocks are cheap end up with more retirement money, but after the turmoil of the past year, some find it hard to put their money in the ...

TARGET-DATE FUNDS HIT THEIR STRIDE

Target-date mutual funds were supposed to lead a revolution in retirement savings. These funds, which automatically adjust their asset mix as an investor's retirement date approaches, were seen as a way for individual investors to achieve the discipline, diversity, and typically higher ...