The 'Why' Behind the Rise In Millionaire Retirement Accounts

The 'Why' Behind the Rise In Millionaire Retirement Accounts

The number of 401(k) accounts and IRAs with balances of $1 million or more is still climbing, according to millionaire head counts by several big fund families. The number of millionaire 401(k) accounts alone at Fidelity Investments soared 10-fold over the 10 years ended Oct. 31.

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