Americans' 401(k) and IRA Balances Hit Record Highs. More Workers Are Raiding Retirement Savings for Cash.

Source: International Business Times

The average 401(k) balance reached $155,800, an increase of 13. 1% from a year earlier, and IRA balances rose 10% over the same period to a record $144,523. Pixabay/dietcheese Americans' retirement accounts have never looked healthier on paper.