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

With stock market charts resembling the contours of a roller-coaster ride in recent days, many Americans could be forgiven for eyeing their 401(k)s with a little concern.

Charles Schwab (NYSE:SCHW) experienced a 7% increase in its share price over the last week, a movement likely bolstered by the company's involvement in key developments such as its partnership ...

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 ...

The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, ...

The average balance across all participant accounts in the Charles Schwab self-directed brokerage accounts decreased 9.2% from $316,826 the prior quarter, the company said.

Savers pulled vast sums of 401(k) money from stocks and shifted to more conservative investments in response to the tariff-induced market turmoil. But that's not necessarily a good strategy.

Demand for advice rises as 401 (k) investors grow more bullish on professional help Workers are feeling more confident about their ability to reach their financial goals for retirement as anxiety ...

Most 401 (k) plans offer investment options with varying levels of risk, allowing employees to choose based on their personal comfort levels and financial goals.

“Improved 401 (k) confidence is not necessarily an indicator that workers are comfortable going it alone,” said Marci Stewart, Director of Client Experience at Schwab Workplace Financial Services.