Browsing Tag
401(k) Millionaires
20 posts
TSP Millionaire Ranks Shrink with Poor Q1 Stock Performance
There are 11% fewer seven-figure Thrift Savings Plan participants after rocky start to 2022
Record 401k Balances, Contributions, Millionaires at Fidelity
End of 2021 analysis finds employers playing greater role in employees' retirement readiness through matching contributions and automatic enrollment
100,000 Milestone Passed for TSP Millionaire Club
Strong close to 2021 stock market leads to 14.57% increase since September in number of Thrift Savings Plan participants to crack seven-figure account balances
TSP Millionaire Ranks Poised to Pass Milestone
What a difference a decade makes. As recently as 2011, there were only 208 people with at least…
TSP Millionaire Ranks Rocket to Uncharted Territory
It’s been a good decade, and a great past year for well-tenured participants in the federal government’s Thrift…
Fidelity: Retirement Balances (and 401k Millionaires) Hit Record Levels in 2020
Despite ongoing economic uncertainty, Fidelity Investments reports today that individual contributions to all three retirement account platforms remained…
TSP Core Funds Show Strong Gains in 2020, Thanks to Remarkable Year for S Fund
Led by remarkable returns in the S Fund (Small Cap Stock Index Investment Fund), the U.S. government’s Thrift…
TSP News: 401(k) Millionaire Club Grows, Returns Dive in September, Default Rate Rises in October
It’s a good news/bad news scenario when it comes to the latest developments out of the world’s largest…
‘Millionaire Tax’ Coming to N.J.—Will Other States Follow Suit?
New Jersey is adding a wealth tax on its millionaires in an effort to “fight the financial realities…
401k Millionaire Ranks Rebound in Q2
COVID-19 be damned, the numbers of 401k millionaires are back up near record highs according to the latest…