Tag: Decline In Markets
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Vanguard Participants’ Account Balances Decreased By 20%
According to Vanguard, which manages around 5 million retirement plans, the average value of 401(k) and 403(b) funds in 2022 will be $112,572, an almost $30,000 decline from the prior year. Vanguard Participants’ Account Balances Decreased Due To Decline In Markets According to the report, “the average account balances of Vanguard participants have decreased by…