Fidelity’s 401(k) Millionaires Hit a New High as Gen X Steps Up
IRA contributions for Gen X savers were up 30% from a year ago.
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Gen X is cranking up its savings as the prospect of retirement draws closer.
In the second quarter, Americans between the ages of 44 and 59 ramped up IRA contributions to the highest in five years, according to a Fidelity Investments report released Wednesday. Total IRA contributions for Gen X savers were up 30% from a year ago.