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401K Balances Growing - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

401K Balances Growing

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In tonight's Consumer News, things are finally looking better for 401K retirement accounts.

Fidelity Investments, the nation's largest administrator of 401K plans, says account balances grew an average 4% last quarter. Experts attribute the increase to a rising stock market and increased contributions from workers and their employers.

This latest quarterly figure is the largest since Fidelity began tracking account averages twelve years ago.

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