Fidelity Investments is encouraging Americans to save more for retirement by putting away "1% More" a year.

The campaign was launched in conjunction with "America Saves Week," which runs Feb. 23-28.

Fidelity said 1 percent in a household making $60,000 a year amounts to saving $50 per month. That, according to Fidelity, can mean $270 in retirement income per month.

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