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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 ...
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 ...
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 ...
There were 497,000 millionaire retirement savers in Fidelity 401(k) plans at the end of the second quarter, up from 485,000 at the end of March — a 2.5% increase.
According to a recent Fidelity Investments report, there's a record number of 401(k) accounts with $1 million or more. At the start of 2024, there were approximately 485,000 401(k) millionaires.
A recent Fidelity Investments report found that there are currently about 497,000 401(k) accounts with at least $1 million. ... from earlier this year when the number of 401(k) millionaires was ...