Fidelity IRA news
The gist
Fidelity says a record 769,000 401(k) accounts held $1 million or more by Q2 2026.
The milestone reflects steady saving and employer matches, not market timing.
How it unfolded
- Sep 3, 2026Fidelity said in a press release that a record 769,000 401(k) accounts had reached $1 million or more by the end of Q2 2026, and average 401(k) balances rose 10.5% in Q2 to $155,800.
- Sep 14, 2026Record-high savings rates and strong stock market gains drove 401(k) balances to an all-time high, according to Fidelity's latest retirement analysis.
- Sep 17, 2026Nonprofit leaders and lawyers warned that collecting IRA gifts left to charities by deceased donors can take months or even years of navigating red tape.