Rising Account Balances and 401(k) Millionaires in 2023, Fidelity Reveals

Tuesday, 27 February 2024, 14:16

In 2023, Fidelity, the largest 401(k) provider in the U.S., witnessed a significant increase in both the number of 401(k) millionaires and average account balances. This rebound marks the highest level seen in nearly two years, signaling positive growth in retirement savings. The report underscores the financial security and growth potential within retirement investment accounts for individuals.
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Rising Account Balances and 401(k) Millionaires in 2023, Fidelity Reveals

Fidelity Reports Rise in 401(k) Accounts

Rising account balances and 401(k) millionaires were confirmed by Fidelity, the largest 401(k) provider in the U.S., in 2023. The report highlights a substantial recovery after nearly two years, emphasizing growth in retirement savings. This indicates a positive trajectory in individual financial security and investment growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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