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Number of 401(k) millionaires hits record, Fidelity says

More companies are automatically enrolling new employees in 401(k) plans, and there is a trend toward higher default contribution levels, according to Fidelity Investments data from the fourth quarter. Fidelity's analysis of more than 30 million account holders also shows a record-high 233,000 investors had $1 million or more in 401(k)s.

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