401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use

According to Fidelity’s Q2 2024 retirement analysis report, the number of 401(k) millionaires in the US reached another record high, 497,000, up from 485,000 in the preceding quarter. Fidelity attributed the steady growth over the last few quarters to an improving macroeconomic landscape and more 401(k) participants starting early and steadily contributing to the employee-sponsored … Read more

Freelancer Stopped Contributing To Her 401(k) And Sends Money To A Taxable Brokerage Account Instead – Here’s Why

Freelancer Stopped Contributing To Her 401(k) And Sends Money To A Taxable Brokerage Account Instead – Here’s Why

A freelancer who ceased contributing to her 401(k) plan after losing her employer match opted to contribute to a taxable brokerage account instead, seeking greater flexibility. She explains her reasons for this life-changing shift. Leslie Quander Wooldridge, an expert in her field who has reached millions of readers with her writing, editing, consulting, and coaching, … Read more