Despite the turbulence in the stock market, workers are still plowing money into their retirement accounts, The Washington Post reports. But the number of 401(k) millionaires has dropped significantly, new data from Fidelity Investments, one of the largest managers of workplace plans, shows. Fidelity says it had 299,000 401(k) millionaires at the end of 2022,
Balances are up, but the number of 401(k) millionaires is down
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
