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Number of 401(k) and IRA millionaires hits record one year after Covid, Fidelity says

Economy

Although the pandemic isn’t over, many retirement savings accounts are back to pre-Covid highs.

Retirement account balances, which took a sharp nosedive almost exactly one year ago when the coronavirus outbreak caused economic shock waves, have now bounced back entirely, according to the latest data from Fidelity Investments, the nation’s largest provider of 401(k) savings plans.

https://www.cnbc.com/2021/05/20/fidelity-number-of-401k-millionaires-hits-record-a-year-after-covid.html

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