How Many 401k Millionaires Are There? Best 2026 Numbers

Chart showing 401k millionaires record count and required minimum distribution amounts by balance

401k millionaires just hit a record high — Fidelity counted 769,000 accounts worth $1 million or more as of June 30, 2026, up 19% from the previous quarter alone. That headline sounds like pure good news, but a $1 million traditional 401(k) balance isn’t actually worth $1 million once the IRS’s eventual cut is factored … Read more