Amid the pandemic, some people can’t afford rent, others became 401(k) and TSP millionaires.
The number of millionaires investing in the Thrift Savings Plan (TSP), the federal government’s version of a 401(k), also saw a tremendous spike. As of March 31, there were 84,808 TSP millionaires, up from 27,212 a year ago, according to the Federal Retirement Thrift Investment Board. Year over year, that’s an increase of 212 percent.
Source: WP
