Market volatility continues to take a toll on retirement savers in the US, with the typical 401(k) down 23 percent from a year ago, according to new industry data. reported on Thursday that its average 401(k) balance stood at $97,200 at the end of the third quarter, down from $103,800 in June and $126,100 one year ago. IRA savings accounts followed a similar trend, with the average IRA balance down 25 percent from a year ago, at $101,900, at the end of September, following three straight quarters of declines.
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