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A record number of 401(k) accounts contained $1 million or more during the second quarter of 2024, according to an analysis from Fidelity Investments. There were about 497,000 so-called 401(k ...
Plus, Fidelity is great for low account fees, and offers free stock and ETF trades, too. ... The broker offers access to robust fund research and an advanced screener that should help you identify ...
Workplace - This service manages 401(k) accounts for 1.1 million clients across 7,000 companies as of November 2020. [32] The company is the largest provider of managed accounts in the United States, [33] and has more clients than any other independent financial advisor. [34]
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.
Around 67% of graduates with student loans said the debt prevents them from contributing to things like a retirement plan, according to a 2023 Fidelity study.For borrowers earning less than ...
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates.MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries.
A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. [1] Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.
USAA is a financial services group that provides insurance, banking, and investment services to military members and their families.