More than 34,000 millionaires were created in the second quarter of 2024.
A new report from Fidelity says the period of April through June saw a record number of 401(k) and IRA holders hit the millionaire mark. The number of 401(k) holders whose balance topped $1 million was up 2.5% from Q1, jumping from 485,000 to 497,000. Among IRA contributors, the number jumped 6% from 376,275 to 398,594.
