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The average 401(k) balance for Gen Z increased 15% to $11,300, compared to an 11% increase to $59,800 for millennials, Fidelity said.
The number of people with $1 million or more saved in their 401(k) accounts leapt 10% from April to the end of June, according to Fidelity Investments.
The average 401 (k) retirement account balance hit $125,900 in the first quarter of 2024, up 6% from the fourth quarter last year, based on Fidelity data.
Fidelity Investments, formerly known as Fidelity Management & Research ( FMR ), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest asset managers in the world, with $4.9 trillion in assets under management, and, as of December 2023, $12.6 trillion in assets under administration. [4] Fidelity ...
FIS (company) Fidelity National Information Services, Inc. ( FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech, and as of Q2 2024 it offers its solutions in two primary segments: Banking Solutions & Capital Market ...
Service. Callers dial 1-800 (888 or 866)-FREE411 [373-3411] from any phone in the United States to use the toll-free service. Sponsors cover part of the service cost by playing advertising messages during the call. Callers always hear an ad at the beginning of the call, and then another after they have made their request.
For example, if you want to withdraw from a Fidelity 401 (k), you can download a withdrawal request form online or call the company’s toll-free number.
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