401(k) balances rose sharply in 2006: Study

by Jerry Geisel (mailto:jgeisel@BusinessInsurance.com) at Business Insurance: Breaking News

Aided by strong investment gains, employees? 401(k) account balances rose by nearly 19% on average in 2006, according to a new study. Last year, the average account balance for 401(k) plan participants who have maintained accounts since 1999 was $121,202, up from $102,014 at year-end 2005, an 18.8%...

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