Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Fidelity reports a 9.5% rise in million-dollar 401(k) accounts, highlighting wealth growth for some investors.
Fidelity Investments reported a 9.5% increase in 401(k) accounts with balances over $1 million in the third quarter, totaling 544,000 accounts.
The average balance for these accounts rose to $1.616 million.
This growth is attributed to market gains and a strong average savings rate of 14.1%.
Despite this, the average balance for all participant accounts was $132,300, with a median of $30,600.
Fidelity also noted the issue of cashing out small balances and introduced an auto-portability feature to preserve retirement savings.
17 Articles
Fidelidad reporta un aumento del 9.5% en cuentas de millones de dólares 401(k), destacando el crecimiento de la riqueza para algunos inversionistas.