Fidelity

Midday Market Minute: 401(k) Balances at Record High

401(k) balances reached record highs in 2012, as a strong stock market and increased contributions helped retirement savers continue to recover from recession losses. Fidelity Investment's average 401(k) balance hit $77,300 at the end of 2012 -- up nearly 12% from $69,100 in 2011.

Target-Date Funds: Same Dates Can Earn Wildly Different Returns

The appeal of target-date funds is obvious. Decide when you'll need your money back, and the fund invests accordingly: aggressively at first, more conservatively as the "target" approaches. But it's not so simple: Different funds can give you dramatically different performance.

Could Your Next Stockbroker Be a Credit Union?

Credit unions, with their favorable interest rates and low fees, can be good alternatives to big commercial banks. But if you're an investor looking for a one-stop shop, you may shun them for their lack of online stock trading services. Well, don't: Many now offer online brokerage accounts, too.

Why the 99% May Never Retire

Large numbers of middle-class Americans still aren't in a financial position to make saving for retirement a priority again, but on the whole, they're quite worried about it. Problem is, they may not be worried enough.

401(k) Fees: What You're About to Learn Will Shock You

When investors open their 401(k)statements this fall, they'll finally be able to see in detail how previously hidden fees have been chipping away at their retirement savings. That's a good start: Here's how to let that news shock you into action.

Lessons from Dad: What the Super-Rich Teach Their Kids

All parents aim to bestow their wisdom on their children -- but if your dad is an investment guru, you might want to listen extra carefully. In this Father's Day special report, DailyFinance asked the adult children of these icons about what they had learned about money and life from their dads.

Borrowing From Retirement Plans Hits New Highs

Like a tree laden with ripe summer fruit, plump 401(k) accounts can appear as tempting sources for an easy loan, especially when other financial resources have dried up. And more people than ever have been plucking from that tree. It's not always the wrong move, but here's why it should be a last resort.

BlackRock Trims Its Microsoft Holdings Below 5%

Investment management giant BlackRock has sliced its Microsoft stake by almost 10%, joining several other large investors who took a machete to their holdings of the software giant this year as its share price significantly underperformed the market, according to a Reuters report.

29 Hot Mutual Funds to Replace Your Losers

If your end-of-year portfolio rebalancing has you looking for some better mutual funds to reallocate assets into, Standard and Poor's Equity Research wants to help: It has released its first-ever list of Mutual Fund Excellence Award winners -- consistent performers across a range of categories.

The Best Brokers For Mobile Investors

What are the best brokerages for mobile investors? The industry advisory firm Corporate Insight surveyed the mobile trading features of 21 brokerages, looking at a variety of platforms and loads of other features. See what firms come out on top.

Fidelity: Withdrawals From Retirement Accounts Hit Record High

The number of workers making hardship withdrawals from their retirement accounts reached a record high in the second quarter as the sagging economy drains household wealth. High unemployment, fewer working hours and reduced amounts of overtime have hit the take-home pay of many workers, The Associated Press reported.