Retirement accounts rebound to record highs after early-year slump. Here’s how to maximize your contributions

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For context, that’s respectively 20% higher and 17% higher since the third quarter of 2020.The number of 401(k) and IRA millionaires also increased by 10% and 11.5% between Q2 and Q3, respectively. Fidelity reports that there are 654,000 401(k) investors and 559,181 IRA investors in this high-net-worth category.Here’s what this surprising news says about the state of the economy, plus some tips on how to maximize your own contributions so you can also reach millionaire status.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPI’m almost 50 years old and have nothing saved for retirement. What do I do? Don’t panic. Here are 6 easy ways to catch up (and fast)Although the record highs in the U.S. stock market certainly impacted these numbers, Fidelity’s data suggests positive savings trends played a massive role.In particular, 401(k)s give a peek into the current employer-employee relationship.Fidelity found the contribution rate for 401(k)s stayed at 14.2% in Q3. That’s just shy of their ideal 15% range, and it suggests strong company support and investor resilience despite market volatility.Another encouraging trend is the rise in Roth 401(k) contributions from younger generations. Roughly 20% of Gen Z and 19% of millennials now choose Roth 401(k)s.Unlike traditional 401(k)s, Roth accounts don’t offer tax breaks for contributions, but they reward long-term holders with tax-free withdrawals. So, the increased interest in these accounts shows that younger generations are thinking long-term.This trend towards Roth accounts also spilled over into IRAs, with 95% of Gen Zers investing in a Roth IRA.While IRAs don’t offer as high contribution limits as 401(k)s, they give holders greater personalization over their investment decisions.Plus, with adjustments in 2026, it’s going to get even easier for long-term investors to put their money to work in either account.To adjust for inflation, the IRS announced upping contribution limits to $24,500 for 401(k)s (previously $23,500) and $7,500 for IRAs (previously $7,000). Catch-up contributions for IRAs for those over 50 also went up to $1,100 from $1,000 a year ago. (2)CGU et Politique de confidentialitéPrivacy & Cookie SettingsMore InfoS&P Futures6,893.75 -50.50 (-0.73%)Dow Futures48,351.00 +15.00 (+0.03%)Nasdaq Futures25,434.75 -240.50 (-0.94%)Russell 2000 Futures2,499.80 -17.90 (-0.71%)VIX14.95 +0.62 (+4.33%)Gold4,332.10 -9.00 (-0.21%)Actions du momentBTC-USD Bitcoin USD 87,752.71 -729.85 (-0.82%)NKE NIKE, Inc. 63.71 +2.52 (+4.12%)INBS Intelligent Bio Solutions Inc. 9.53 +5.43 (+132.44%)ETH-USD Ethereum USD 2,978.24 +2.59 (+0.09%)SIDU Sidus Space, Inc. 3.1400 +0.4700 (+17.60%)PortefeuilleConnectez-vous pour accéder à votre portefeuilleSe connecterLes plus performantsAXSM Axsome Therapeutics, Inc. 182.64 +33.85 (+22.75%)PSNY Polestar Automotive Holding UK PLC 21.37 +1.88 (+9.65%)ONDS Ondas Holdings Inc. 9.76 +0.77 (+8.57%)DJT Trump Media & Technology Group Corp. 13.24 +0.67 (+5.33%)PBF PBF Energy Inc. 27.12 +1.08 (+4.15%)Les moins performantsCORT Corcept Therapeutics Incorporated 34.80 -35.40 (-50.42%)QXO QXO, Inc. 19.29 -1.75 (-8.32%)RGC Regencell Bioscience Holdings Limited 21.00 -1.90 (-8.30%)NIO NIO Inc. 5.10 -0.40 (-7.27%)PSLV Sprott Physical Silver Trust 23.65 -1.57 (-6.23%)Les plus liquidesONDS Ondas Holdings Inc. 9.76 +0.77 (+8.57%)NVDA NVIDIA Corporation 186.50 -1.04 (-0.55%)PLUG Plug Power Inc. 1.9700 +0.0350 (+1.81%)NIO NIO Inc. 5.10 -0.40 (-7.27%)TSLA Tesla, Inc. 449.72 -4.52 (-1.00%)Principaux événements économiquesÉvénements concernant les bénéficesÉvénements concernant mes bénéficesÉvénements concernant les bénéfices