Your 401(k) is up, and a new report shows increased savings. But Americans need to do more

How's your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has released its annual report, How America Saves 2024. Vanguard and Fidelity are the two biggest sponsors of 401(k) plans, and this is a snapshot of what nearly five million participants are doing with their money. The good news: stock market returns are up and, thanks largely to automatic enrollment plans, investors are saving more than they did in the past. The bad news: account balances f ...