TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, May 24. CONWAY GITTENS: I’m Conway Gittens ...
Record-high contributions and a healthy stock market are boosting retirement savings for some, at a time when Americans feel they need a bigger nest egg than ever before. There are now 485,000 ...
Some super-savers in the Gen X generation — those born between 1965 and 1980 — are looking at eye-popping amounts in their 401(k) plans, the kind of money that comes awfully close to 401(k ...
The number of people who crossed the seven-figure mark hit an all-time high in the first quarter, though retirement savings surged across the board. If you’re an investor, you may not want to ...
Latest participant data also shows that small business employees with access to retirement plans save more than traditional 401(k) participants. Record-high retirement saving contribution levels ...
The number of 401(k) millionaires surged 43% from a year ago, boosted by market gains and steady contributions. But those millionaire success stories were an average of 26 years in the making ...
Some super-savers in the Gen X generation – those born between 1965 and 1980 – are looking at eye-popping amounts in their 401(k) plans, the kind of money that comes awfully close to 401(k ...
The average balance for the so-called 401(k) “millionaires” came to $1,580,000, up from $1,551,300 in the fourth quarter, a Fidelity spokesperson said. There is no secret sauce for how a 401(k ...
The universe of 401(k) accounts with balances of $1 million or more at Fidelity Investments rose to a record 485,000 in the first quarter, according to the company. With stocks surging, the number ...
New York (CNN) — 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 ...