#Your 401(k) is in the Fed’s hands this week

#Your 401(k) is in the Fed’s hands this week

“Your 401(k) is in the Fed’s hands this week” At this week’s policy meeting, the Federal Reserve will have to choose its poison. If it fails to accelerate the pace of interest-rate hikes, it risks losing control over runaway inflation. Yet if it surprises us with a faster pace of interest-rate increases, it risks further…

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#401(k)s drop amid market turmoil, rate of savings increases

#401(k)s drop amid market turmoil, rate of savings increases

“401(k)s drop amid market turmoil, rate of savings increases” Turmoil in the stock market and runaway inflation has caused alarm among retirees as those living on savings see their retirement funds dwindle. The average 401(k) plunged nearly $10,000 in the first quarter of 2022, according to one major fund manager, as the major indexes flirted…

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#Fidelity offers bitcoin investing option in 401(k) accounts

#Fidelity offers bitcoin investing option in 401(k) accounts

“Fidelity offers bitcoin investing option in 401(k) accounts” More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the mainstream. Retirement giant Fidelity said Tuesday that it’s launched a way for workers to put some of their 401(k) savings and contributions directly in…

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#Painful as it was, patience paid off for investors

#Painful as it was, patience paid off for investors

“#Painful as it was, patience paid off for investors” Good things came to fund investors who waited in 2020. But, what a terrifying wait it was. Mutual funds and exchange traded funds of all stripes delivered strong annual returns, even better than usual. Consider the largest fund by assets, a core holding of many 401(k)…

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