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“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…
“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…