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Retirement account balances continue to grow and average contributions are increasing, according to the latest quarterly analysis from Fidelity Investments. Among the second-quarter highlights:

Retirement accounts see modest growth, reach record levels for the third consecutive quarter. The average IRA balance was $134,900, a 4 percent increase from last quarter and a 21 percent increase from the second quarter of 2020. The average 401(k) balance rose to $129,300, a 4 percent increase from the first quarter and up 24 percent from a year ago.

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