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Retirement Accounts Got Healthier Last Year

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Retirement Accounts Got Healthier Last Year

Business

Retirement Accounts Got Healthier Last Year

Retirement Accounts Got Healthier Last Year

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The nation's largest administrator of 401(k) accounts says the average account balance grew by 12 percent last year. Two-thirds of that growth is attributed to the surging stock market. The other factor is increased contributions from workers and their companies.

RENEE MONTAGNE, HOST:

NPR business news starts with healthier retirement accounts.

The nation's largest administrator of 401(k) accounts says the average account balance grew by 12 percent last year. Two-thirds of that growth is attributed to the surging stock market. The other factor is increased contributions from workers and their companies.

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