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Updated August 29, 2024 at 10:43 AM / Getty Images. The number of "401(k) millionaires" — 401(k) plan participants with balances of at least $1 million — has reached a record high, ...
More than 34,000 millionaires were created in the second quarter of 2024. ... At the end of the second quarter, the average balance of the 401(k) millionaires stood at $1,595,200, up from $1,581 ...
A record number of 401(k) accounts contained $1 million or more during the second quarter of 2024, according to an analysis from Fidelity Investments. There were about 497,000 so-called 401(k ...
A record number of Americans are 401(k) millionaires, thanks to a surging stock market. The tally of 401(k) millionaires reached 544,000 in the third quarter of 2024, up from 497,000 three months ...
On balance, 401(k) participants have had a good run over the past year. ... Number of 401(k) ‘millionaires’ reaches new high. Jeanne Sahadi, CNN. August 28, 2024 at 9:06 AM. Kseniya ...
The number of retirement savers with $1 million or more in their 401(k) accounts jumped 20% from September to the end of December, according to Fidelity. Soaring number of Americans are now 401(k ...
A new analysis by Fidelity Investments, one of the largest providers of 401(k) retirement plans, found that the number of accounts with balances topping $1 million rose by 9.5% in the third quarter.
It’s more than double the uptick in those with seven-figure balances in Fidelity 401(k) plans. There were 497,000 millionaire retirement savers in Fidelity 401(k) plans at the end of the second ...