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A new poll commissioned by Beyond Finance reveals that 43% of Americans don't know what a 401(k) is and 35% don't understand the concept of "interest" in a financial context, 401K Specialist reports. The survey, which involved 2,000 Americans, also found that only 30% believe they could win a game of personal finance trivia. The study highlights a significant lack of financial literacy and confidence among Americans, with 39% admitting to procrastinating when it comes to implementing healthy financial habits.