Retirement account balances are at new highs, according to Fidelity Investments. Thanks to the market’s recent run-up and increased savings, the number of 401(k) and IRA millionaires also hit all-time records in... Read more »
The number of 401(k) and IRA millionaires also hit an all-time record in the first quarter of 2021, according to Fidelity. CNBC reports: Retirement account balances, which took a sharp nosedive almost... Read more »
The 401(k) plan is the most popular type of employer-sponsored defined-contribution retirement plan. According to the Survey of Income and Program Participation (SIPP), 60 million individuals or 33.0% of the U.S workforce... Read more »
If you're young, preparing for retirement may seem premature, but start saving smartly now and you could be a millionaire before you retire. If you're one of those with 401(k) that has... Read more »
401(k) is a retirement account sponsored by an employer. It lets you save and invest a percentage of your paycheck before taxes are taken out. Taxes aren't paid until the money is withdrawn from the... Read more »
You don't have to make a million dollars to save a million. One way to reach that go is to save early and consistently in your 401(k). Keep in mind that the process... Read more »
