Workers Are Saving Their Money, Bringing 401(K) Plans To Record Levels

PITTSBURGH (KDKA) — People are putting more money away for retirement.
With the stock market soaring, 401(k) plans are soaring, too.
But there’s one other factor that’s brought 401(k) plans to record levels: workers are saving a lot more.
“I think it’s a good sign,” financial advisor Robert Fragasso said. “It signifies that people are realizing that they have to depend on themselves, their own efforts.”
Fragasso said a 401(K) is a great way to avoi