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Tag: 401k plans

As the S&P 500 enters bull market territory, here's what to consider before you invest

As the S&P 500 enters bull market territory, here's what to consider before you invest

January 22, 2024January 22, 2024 · Business

People walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New…

Read more As the S&P 500 enters bull market territory, here's what to consider before you invest
The spot bitcoin ETF race could quickly reach your 401(k) retirement plan

The spot bitcoin ETF race could quickly reach your 401(k) retirement plan

December 22, 2023December 22, 2023 · Business

Paul Yeung | Bloomberg | Getty Images Retirement savers who want a taste of bitcoin without owning the cryptocurrency coins directly could soon gain the access they’ve been…

Read more The spot bitcoin ETF race could quickly reach your 401(k) retirement plan
Are U.S. seniors among the developed world’s poorest? It depends on your point of view

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

August 5, 2023August 6, 2023 · World News

Peopleimages | E+ | Getty Images Is old-age income poverty too high? Consider this thought exercise: What is a tolerable poverty rate among American seniors? By one metric,…

Read more Are U.S. seniors among the developed world’s poorest? It depends on your point of view
Here’s when taking out a 401(k) loan actually ‘makes sense,’ says advisor

Here’s when taking out a 401(k) loan actually ‘makes sense,’ says advisor

March 16, 2023March 19, 2023 · Real Estate

Catherine Delahaye | Getty Taking a loan against your 401(k) savings is generally a bad idea — but using the money as a short-term “bridge loan” may be…

Read more Here’s when taking out a 401(k) loan actually ‘makes sense,’ says advisor
401(k) balances rise, despite economic and market challenges | CNN Business

401(k) balances rise, despite economic and market challenges | CNN Business

February 23, 2023February 23, 2023 · US News

New York CNN  —  Despite higher prices, endless talk of a possible recession and falling markets, 401(k) participants managed to keep their savings rates relatively steady in the…

Read more 401(k) balances rise, despite economic and market challenges | CNN Business
Here are some key things to consider before tapping your retirement savings to pay off credit card debt

Here are some key things to consider before tapping your retirement savings to pay off credit card debt

December 30, 2022December 30, 2022 · Banking

Malerapaso | Istock | Getty Images 1. Most people should avoid 401(k) withdrawals Withdrawals from 401(k) accounts before age 59½ are subject to a 10% penalty and taxes.…

Read more Here are some key things to consider before tapping your retirement savings to pay off credit card debt
How Congress may make it easier to set money aside for emergency expenses

How Congress may make it easier to set money aside for emergency expenses

November 25, 2022November 25, 2022 · Business

Thomas Barwick | Digitalvision | Getty Images Many families struggle to come up with the cash when faced with an unexpected $400 expense. That lack of emergency savings…

Read more How Congress may make it easier to set money aside for emergency expenses
Stocks have been clobbered this year, but people are still contributing to their retirement accounts | CNN Business

Stocks have been clobbered this year, but people are still contributing to their retirement accounts | CNN Business

November 17, 2022November 17, 2022 · World News

Stocks and bonds have been turning in volatile, bearish performances this year in an economy marked by high inflation and rising interest rates. But that hasn’t deterred most…

Read more Stocks have been clobbered this year, but people are still contributing to their retirement accounts | CNN Business
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