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Savings & Retirement

Popular 401(k) Funds Rebound After Tanking in 2022

Some of the biggest actively managed funds in 401(k)s are outperforming thanks to a comeback in tech stocks.

   

   

Source: Getty Images

Checking your 401(k) account balance is a little less painful these days.

Popular active equity funds in 401(k)s tanked last year because of their heavy focus on the big technology companies that got battered by surging inflation and steep interest rate hikes. Those same stocks have given them a boost so far in 2023.