Individual Retirement Account – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 401(k)s hit records as workers sock away more, stocks jump https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/401ks-hit-records-as-workers-sock-away-more-stocks-jump/ Fri, 14 Feb 2020 03:58:59 +0000 https://cumulus.benefitscanada.com/uncategorized/401ks-hit-records-as-workers-sock-away-more-stocks-jump/ The average 401(k) balance rose 17 per cent last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts by Fidelity Investments. The average individual retirement account, or IRA, balance rose the same percentage to $115,400. Those figures are averages, not medians, and the typical 401(k) might be closer […]

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