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COVID-19 has caused economic uncertainty, straining many Americans financially but also providing an opportunity for many to increase their 401K balances. According to a report from LT Trust detailing the impact on retirement savings in Montana, the average 401K balances saw an increase of 21% from 2019 Montana ranked 45th in balance increases by state.
The state Legislature is on Easter recess until tomorrow. Government Relations Director for the Montana Chamber of Commerce Bridger Mahlum looks back at what happened during last week’s session and forward to the 14th week.