Business, Finance & Tech

Record Number of 401(k) Millionaires in Q2, Fidelity Reports

The number of 401(k) millionaires reached a new high in the second quarter, according to Fidelity Investments. Nearly half a million accounts now have balances of $1 million or more, based on a report analyzing 24 million accounts. The average 401(k) balance is around $127,000, up 13% from last year.

By: NBC Palm Springs

August 28, 2024

401k millionaires recordFidelity Investments report401k account balancesretirement savings growthaverage 401k balanceQ2 2024 financial reportemployersponsored retirement
Link Copied To Clipboard!
advertisement placeholder
Loading...