Reports show 401(k) balances plummeting in 2022



A new study shows that the average 401(k) plan decreased last year compared to 2021. ABC News business reporter Alexis Christoforous has details. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #401k #ira #retirementaccounts #retirement #investments #abcnews

Original source (ABC/Youtube)

8 comments

  1. Trump was already out of office and Biden started the money printer go brrrrr

  2. Oh my 401k tanked and i cant retire when planned. Thanks democrats, your incompetency is a disaster.

  3. All thanks to the cheating Joe administration

  4. So who's gonna ask you for the tip, the AI or the developer. Trick question your tip will be go to the corporation as a donation who will then reported in their taxes as so and avoid paying workers benefits and higher wages, to make the investors happy.

  5. NO NEWS ON HOUSE SUB COMMITTEE INVESTIGATION OF BIDEN BRIBERY SCANDAL? WHY NOT?

  6. Median by age group would be worse. No significant savings, addicted to credit, and in a changing global environment. When things are not fixable and cuts are imposed by economic conditions rather than political choice, who will be the scapegoat? Try to explain to the average voter cuts during stagflation. Won't happen in a decade or two but will happen at some point.

  7. Hope everyone is enjoying Joe Biden's America…… Keep in mind…… they wanted to Institute even more liberal policies but weren't able to

  8. What we need are electric cars that nobody can afford. Welcome to liberal America.