401K Balances Surged In 2012

6:10 PM, Feb 15, 2013   |    comments
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wASHINGTON, DC (WUSA) -- Investors' retirement nest eggs ballooned to a record high last year.

According to Fidelity Investments, the average 401K balance surged to just over $77,000.

The increase in savings is attributed to stock market gains and more workers who have increased their 401K contributions.

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