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
Rubio rips military retirement board for ‘risking American money,’ national security in China
Sen. Marco Rubio calls out the Federal Thrift Retirement Investment Board for risking national security and trying to invest federal employees' and military members' 401(k) funds into communist-controlled Chinese companies.
This ETF could supercharge any retirement account
Here's an easy investing strategy that can help you build wealth for your future -- plus an exchange-traded fund (ETF) that can supercharge the strategy.
2 ETFs that are all you need for retirement
Today, in the age of low-cost exchange-traded funds (ETFs) that focus on indexes, it becomes pretty simple to create such a portfolio with just two funds.
Bitcoin coming to 401(k) plans through Fidelity digital asset accounts
Business intelligence solutions provider MicroStrategy plans to be the first employer to offer a digital assets account in their retirement plan later this year. Digital asset accounts will be available more broadly to employers mid-year.
Soaring inflation eating away at Americans' retirement savings
Rising prices are squeezing household budgets across the country, but the hottest inflation in four decades has been particularly burdensome for older Americans.
Inflation causing Americans to postpone retirement, homebuying, college, vacations & more: Nationwide
Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.
Soaring inflation continues to erode Social Security purchasing power, expert says
TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.
Retirement savings plan changes could be coming after House passes new bill
The House of Representatives recently passed a bill that extends the amount of time that Americans have to save for retirement, as well as other changes.
Bipartisan retirement bill would extend 401(k) withdrawals, boost auto-enrollment in saving plans
The House overwhelmingly passed the Securing a Strong Retirement Act on Tuesday with a bipartisan vote of 414-5. The legislation now heads to the Senate.
Goldman Sachs to acquire automated corporate retirement planning adviser NextCapital Group
The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions. Financial terms of the deal were not disclosed.
Retirees strained by higher home insurance rates in Florida: Here's how to cut costs
Floridians are having “a very difficult time” finding a home insurance policy, according to Mark Friedlander of Triple-I.
Russia blocks NY pension systems from dumping $300M in Moscow stocks
New York’s pension systems want to dump nearly $300 million invested in the Moscow stock market, but can’t because Russia has blocked foreigners from selling shares.
Inflation may lead to 7.6% increase in Social Security benefits next year, analyst says
Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.
Fidelity’s former CEO Ned Johnson, dead at 91: ‘he was a visionary’
Edward Johnson III, the man who transformed Fidelity Investments into the Wall Street and investment giant it is today, died on Wednesday at the age of 91, his family has confirmed.
Women are far less financially prepared for retirement than men: TransAmerica study
A study by TransAmerica found that men have more than double the retirement savings of women.
Can you retire a millionaire with ETFs alone?
Here's how much you should contribute to your portfolio each month to reach $1 million.
Fidelity study shows 'downright ugly' retirement moves Americans made over the past two years
A new study conducted by Fidelity Investments shows an alarming number of Americans made "downright ugly" retirement moves during the pandemic and "Great Resignation."
Domino's CEO Ritch Allison to retire
Allison will provide guidance to the company until his official retirement on July 15.
US pension fund CalSTRS has investments in Russia, monitors risks to portfolio
The California State Teachers' Retirement System (CalSTRS), the second-largest U.S. pension fund, said on Thursday it had investments in Russia and was monitoring potential risks to its portfolio after Russia's invasion of Ukraine.