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The Number of 401(k) Millionaires Just Hit a Record High — AgainWith the stock market’s gains propelling retirement account balances to new highs, a record number of savers can now call themselves 401(k) millionaires ... you haven’t hit your annual ...
The number of so-called 401(k) ‘millionaires’ rose to a new record high in the second quarter ... The average balance hit $1,595,200, up from $1,581,000 at the end of March, according to ...
The number of 401(k ... more rose to a record high at the end of June, according to new findings published by Fidelity Investments. There were about 497,000 so-called 401(k) "millionaires ...
There were about 497,000 so-called 401(k) “millionaires” last quarter, a 2.5 percent increase from 485,000 during the first quarter, according to Fidelity’s analysis of 24 million 401(k ...
Money; Getty Images Workers in the U.S. are socking away a record share of their earnings for retirement, new data reveals. The average 401(k) savings rate has reached an all-time high of 14.3% ...
As the markets tested record highs ... rely on such high-interest debt, according to Fidelity's Shamrell. Unlike credit card and other debt, savers who borrow from their 401(k) pay themselves ...
A surge in the stock market ushered a record number of retirement investors into the millionaire’s club. The number of 401(k) accounts ... The number of IRA millionaires hit a record 398,594 ...
He noted that total 401(k) savings rates reached a record high of 14.2%, which was driven by both employee and employer contributions. The average 401(k) retirement account balance hit $125,900 in ...
New data from Fidelity Investments shows the number of 401(k)-created ... 57.8 percent of the millionaires hit the limit at the end of 2023. Fidelity said record-high contribution levels and ...
millionaires” — individuals with 401(k) balances of at least $1 million — hit a record high of approximately 497,000, according to Fidelity Investments. Additionally, nearly 399,000 ...
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