General World News

Gen X makes progress with retirement savings: Fidelity

Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers showing strong gains in individual retirement arrangements (IRAs), a sign of progress considering that cohort’s prior struggles with saving for life after work.

This is according to a report released by Fidelity Investments, based on 401(k) and 403(b) data derived from 26,100 corporate defined contribution plans and roughly 32 million total participants as of June 30, 2024.

“Average account balances rose for the third straight quarter to reach the third-highest details ⇒

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