Fidelity Reports Record High in Retirement Account Millionaires

Data from Q3 2025 shows significant quarterly growth in million-dollar 401(k) and IRA balances, according to Fidelity Investments.

Summary

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Terms & Concepts
  • 401(k): A U.S. employer-sponsored retirement savings plan allowing employees to invest pre-tax income.
  • IRA: An Individual Retirement Account in the U.S. offering tax advantages for retirement savings.
  • QoQ: Quarter-over-quarter, a measure comparing data from one quarter to the previous quarter.