the staff of the Ridgewood blog
Ridgewood NJ, stocks up but you are still feeling a little poorer ? Americans’ nest eggs are getting clobbered by “Bidenflation”.
Continue reading Inflation Has Eroded Retirement Plans Values by an Average of $16,200
the staff of the Ridgewood blog
Ridgewood NJ, There is no doubt in people’s minds that COVID-19 caused economic uncertainty. It strained many Americans financially, but it also provided an opportunity for many to increase their 401k balances.
According to a report from LT Trust detailing the impact of COVID-19 on retirement savings, the average 401K balance increased by 30.8 percent nationally during 2020, and the average employee contribution increased by 6.12 percent. New Jersey saw in increase of 29.3% .
Continue reading 401K balances Grew in 2020 despite COVID Pandemic Pressures
