Browsing Tag
401(k) Millionaires
29 posts
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…
401(k) Millionaire Ranks Rebound in Q2
COVID-19 be damned, the numbers of 401(k) millionaires are back up near record highs according to second-quarter data from Fidelity.
Number of 401(k) Millionaires Hits Another High
401(k) millionaires are reaching record highs as retirement savers grow balances despite slight dips in average account values.
401(k) Millionaire Club Hits Record High: Fidelity
401(k) millionaires hit record highs in 2019 as Fidelity reports more Americans boosting retirement savings and contribution rates.