The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, according to Charles Schwab’s SDBA Indicators Report.

We see this happen slightly in the median 401 (k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).

WESTLAKE, Texas, July 24, 2024--Schwab 401 (k) Study: Confidence Among Workers Improves as Inflation and Market Volatility Concerns Soften ...

This is why Individual 401 (k) contribution limits can be substantially higher than their counterparts. In 2024, you could potentially contribute a maximum of $69,000 to a Schwab I401 (k).

Self-directed 401 (k) participants take the long view, but need direction on scale of offerings In a report that highlights generational differences, baby boomers had the highest SDBA balances ...

About three-quarters (73%) of 401 (k) savers would like personalized investment advice for managing their workplace savings, according to an annual 401 (k) participant survey by The Charles Schwab ...

Retirement plan participants attended educational 401 (k) plan sessions at record levels in 2022, driven in part by the use of virtual meetings, according to data released by The Charles Schwab ...

According to Charles Schwab’s SDBA Indicators Report, self-directed 401 (k) investors stay the course in Q3.

According to Charles Schwab’s SDBA Indicators Report, self-directed 401(k) balances show steady growth in Q3.

Participants in 401(k) retirement plans say they need an average of $1.9 million for retirement, up 12% from the $1.7 million reported last year, according to a survey from Schwab Retirement Plan ...

According to Charles Schwab’ s SDBA Indicators Report, an industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts, the average ...