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2. Record number of 401(k) savers have balances over $1 million

   www.aol.com/record-number-401-k-savers-103021097...

   They are still a very small minority in the 401 (k) universe, but there were a record number of 401 (k) participants with balances over $1 million at the end of the first quarter this year ...

3. Gen Z makes bigger 401 (k) gains than millennials, while Gen ...

   www.aol.com/finance/gen-z-makes-bigger-401...

   In an analysis of its 23.3 million 401(k) participants at the end of the first quarter, Fidelity said Thursday that the average balance for Gen Z increased 15% from the fourth quarter to $11,300 ...

4. The average 401(k) balance is up 39% in the past decade ... - AOL

   www.aol.com/average-401-k-balance-39-040257883.html

   Here are some hard numbers based on the accounts housed at Fidelity, one of the largest providers of workplace retirement plans, with more than 23 million 401(k) participants. Overall the average ...

5. Why the Number of 401(k) Millionaires Is Going Up and What ...

   www.aol.com/finance/why-number-401-k...

   The number of 401(k) millionaires is going up. According to new fourth-quarter data from Fidelity Investments, one of the largest providers of retirement plans that cover 23 million 401(k ...

6. Fidelity Investments - Wikipedia

   en.wikipedia.org/wiki/Fidelity_Investments

   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 [update] , $12.6 ...

7. Abigail Johnson - Wikipedia

   en.wikipedia.org/wiki/Abigail_Johnson

   Abigail Johnson. Abigail Pierrepont Johnson [1] (born December 19, 1961) is an American billionaire businesswoman, and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments. [2] Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR), [3] and ...

8. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 ...

9. Number of 401(k) ‘millionaires’ jumped 41% last ... - AOL

   www.aol.com/number-401-k-millionaires-jumped...

   Fidelity also reported that the number of 401 (k) accounts with balances of at least $1 million rose in the fourth quarter by 20%, to 422,000 accounts; and by 41% for the whole year. The average ...