FYI: The number of Americans with $1 million or more in their 401(k) accounts has reached record levels, according to Fidelity Investments.
The number of people with $1 million or more in their 401(k) increased to a record 196,000, up from 180,000 at the end of the first quarter, while the number of IRA millionaires increased to 179,700, also a record high and an increase from 168,100 last quarter, the company reported on Wednesday.
Regards,
Ted
https://www.fa-mag.com/news/fidelity-says-number-of-401-k--millionaires-hits-record-high-51241.html?print
