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Video: Are 401(k)s A Failure?

A recent report from the Employee Benefit Research Institute reveals that the median account balance of a 401(k) in the U.S. is $18,433.

Have 401(k) plans failed soon-to-be-retired Americans? CNBC reporter Kelley Holland explores that question in the above video.

Video credit: CNBC

Photo by TaxCredits.net via Flickr CC License

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