Feeding the 401(k), Even in Bad Times
Washington Post (09/14/03) p.F4; Crenshaw, Albert B.

A new study indicates that even though the stock market fell last year, workers' 401(k) balances dropped only single digits on average, with the accounts of younger workers growing. Balances held by workers in their twenties increased 4.3 percent last year, since they tended to be smaller and more influenced by new contributions. Older workers' balances fell, but not as much as the overall market, though workers in their sixties did see drops of 10 percent.


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