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Average 401(k), IRA balances hit record highs — but more workers are raiding their accounts, Fidelity says

Reported by CNBC · cnbc.com · September 3, 2026

Retirement account balances rose in the second quarter amid market gains, according to Fidelity. At the same time, more savers tapped their accounts for cash.

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What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.

Market reaction today: $FIS -0.92%

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