IRA account holders at Fidelity with $1 million or more saved jumped to 398,594 at the end of June,

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With rates staying higher for longer in 2024, there are more options for those pondering retirement.

The number of folks with $1 million or more saved in their 401(k) accounts jumped 20% from September to the end of December, according to Fidelity Investments.

A withdrawal from your 401(k) account is typically taxed as ordinary income. Also, you’ll pay a 10% early withdrawal penalty before age 59½, unless you meet one of the IRS…

"The Wall Street fee machine con is out there, and it's very obvious once you recognize what's going on with these advertisements and propaganda..."

"Increased longevity changes everything," Joseph Coughlin, director of the AgeLab at MIT, told Yahoo Finance. "It is not just about more time, it adds more complexity."

For the first half of the year, the number of folks hitting that cool million target soared roughly 20%.

a sizable 42% of workers agree with the statement, “I prefer not to think about or concern myself with retirement investing until I get closer to my retirement date,”