Survey points to significant layoffs in 2023 – Here's how to safeguard your finances from a job loss
Sixty-one percent of U.S. companies said they plan to lay off employees in 2023 and are likely to pause hiring this year, according to a ResumeBuilder.com survey.
Why your 401(k) might not have ETFs
Although there are significant benefits of ETFs, there are also technological barriers for companies that manage the plans, which can prevent ETFs from being intertwined in 401(k)s.
Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)
Economist Burton Malkiel explains how corporate stock buybacks are "exactly" the kind of thing you want from a capitalist system, and says Biden's proposals are "just wrong."
When should you borrow from your 401(k)? Use 'as a last resort,’ Fidelity adviser warns
As inflation rages on, more Americans are borrowing from their 401(k)s to cover emergency expenses. Fidelity's Leanna Devinney offers her best alternative options.
401(k) 'hardship' withdrawals hit record amid cost-of-living crunch
More Americans are using their 401(k) retirement plans to help cover financial hardships as consumers continue to confront persistently high inflation.
25 states hit Biden admin with lawsuit over climate action targeting Americans' retirement savings
Two dozen states, led by Utah, sued the Biden administration on Thursday over a rule allowing fiduciaries to factor environmental and social issues into investment decisions.
Secure 2.0: More part-time workers will be eligible for 401(k) plans
Part-time employees who’ve worked two consecutive years and completed at least 500 hours of service each year can enroll in their company's 401(k) or 403(b) plans, beginning in 2025, as stated in the Secure 2.0 Act. Here’s what it means for you.
Secure 2.0 Act aims to revamp retirement savings system: What it means for you
The Secure 2.0 Act, which was been signed into law, may help Americans save more for retirement. Here’s what you need to know.
Nearly half of workers don't have a 401(k): Here's how you can start saving
Nearly half of private sector workers don’t have access to a 401(k) at work, but you can open an IRA and take other steps to save for retirement.
401(k) 'hardship' withdrawals surge to record high as inflation squeezes Americans
More Americans are using their 401(k) retirement plans to help cover financial hardships as consumers continue to confront persistently high inflation.
Labor Department clears path for 401(k) plans to offer ESG funds
Labor rule reverses Trump era rule making ESG investing more difficult. Whether ESG adds value or just promotes a socialist agenda is still hotly debated.
Average 401(k) balances drop below $100,000: Fidelity
Retirement investors at Fidelity have seen the average 401(k) balance slip below $100,000 and the rate of saving has slowed.
Stuart Varney: Retirement plans taking a hit is ‘not something’ the Biden team wants to see before midterms
FOX Business' Stuart Varney discusses Americans' retirement savings taking a dip under Biden's leadership and Democrats' reluctance to pay attention to the stock market
IRS raises 401(k) contribution limit by record amount as inflation rages
Contribution maximums for 401(k)s and IRAs are increasing in 2023, the IRS announced Friday, meaning Americans can stow away more money for retirement.
Stuart Varney: Democrats will have a hard time blaming Trump for America's wealth destruction
FOX Business' Stuart Varney discusses the decrease of Americans' wealth under Biden and whether it will have an impact on the Democrats in the 2022 midterm elections.
What is a 401k? All you need to know about managing your retirement plan
A 401(k) plan allows American workers to save enough money to live on during retirement and is sponsored by employers in various mutual funds.
Retirement accounts take hit with inflation, but investors stay the course
Retirement accounts have taken a brutal beating in the volatile 2022 markets, but a new study shows investors are still committing over the long haul.
New Republican bill would protect crypto investments in retirement accounts
Fidelity announced last month that it planned to offer bitcoin as an investment option in its 401(k) plans by the middle of the year, eliciting alarm from many Democratic lawmakers.
Understanding liquid assets
Liquidity is important regarding an emergency fund should you experience a setback like a sudden job layoff, a medical emergency or an unexpected issue like a car repair.
Crypto expert on Warren pushing back against bitcoin in 401(k): Fidelity knows what’s good for their customers
Ava Labs President John Wu discusses Fidelity's 401(k) plans for crypto