On Wall Street, they like to say that a rising tide lifts all boats—meaning that when the stock market is doing well, pretty much every investor benefits. That certainly seems to be the case right now among those with a 401(k) plan.
Savers are putting away more money, opening more retirement accounts, seeing bigger balances, and borrowing less from their tax-advantaged plans than has been the case for years, according to a new report from Fidelity Investments.
