There’s now a record number of 401(k) and IRA millionaires, according to Fidelity
A pedestrian walks past a stock ticker at a Fidelity Investments office in Boston, Massachusetts. Brian Snyder | Reuters Thanks to record-breaking markets and more retirement savings, there are a record number of 401(k) and IRA millionaires in the United States. Fidelity has released its quarterly analysis of retirement trends, which has become increasingly relevant as baby boomers are now retiring in record numbers. The study found 441,000 IRA or 401(k) accounts they manage had balances of $1 million or more, a new record. Fidelity is the largest 401(k) provider in the U.S. Still, 401(k) and IRA millionaires are relatively
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