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At the end of 2024’s first quarter, an estimated 485,000 Americans could count themselves among the so-called “401(k) millionaires,” meaning the balance in their employer-sponsored retirement plans has reached the $1 million level. Thanks in part to stock market rallies during the first part of the year, that’s a larger number than ever before. Many of these 401(k) accounts will be rolled over into IRAs after retirement and the assets will continue to grow.
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The Lincoln Community Foundation’s Board of Directors today announced the selection of Tracy Edgerton as its new President & Chief Executive Officer.
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Here in Lincoln, charitable giving traditions are a big part of our community, although the way these values are translated into action may vary widely from person to person. And that’s a good thing!
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The award is a national partnership between the Department of Housing and Urban Development (HUD) and the Council on Foundations, now in its eleventh year, and calls attention to philanthropy’s work with government partners.
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