According to new findings from Fidelity Investments, the average 401(k) account balance reached an all-time high at the end of the first quarter, hitting at nearly $75,000.
Market gains accounted for two-thirds of the rise in balances.
At $74,900, average account balances rose nearly 12 percent from a year ago, and it's a 58 percent jump over 2009. Account balances are at the highest amount recorded since Fidelity, one of the world's largest financial services providers, began tracking them in 1998.
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