Balances in self-directed 401(k) accounts up 19% last year: Schwab
Participants' asset allocation was largely unchanged, with more than a third of their assets in mutual funds
The average account balances in self-directed brokerage accounts within retirement plans such as 401(k)s held at Charles Schwab & Co. grew by 19% in 2019, to $294,105.
Asset allocation in those accounts remained largely the same over last year, according to a recent company report, with parti
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