There’s now a record number of 401(k) and IRA millionaires

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Thanks to record-breaking markets and more retirement savings, the number of 401(k) and IRA millionaires has reached a new record, according to Fidelity.

Fidelity, the largest 401(k) provider in the United States, released its quarterly analysis Thursday. The report on retirement trends has become increasingly relevant as baby boomers retire in record numbers.

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The study found a record 441,000 IRA or 401(k) accounts Fidelity manages had balances of $1 million.

Still, 401(k) and IRA millionaires…

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