If you own bonds, they may be in a broad fund that hasn’t lost much money. And that fund may do much better in the next several years.
Category: 401(k), 403(b) and 457 Plans
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Global Bond Rates Are Rising. What Should You Do Now?
The New York Times – Business: -
Gen Z Is Building Wealth By Investing Instead of Buying Homes
The New York Times – Business:When it comes to building wealth, Gen Z is more focused on investment apps and their retirement accounts than they are in building equity in a home.
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More Americans Taking 401(k) Hardship Withdrawals
The New York Times – Business:More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
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Why Employers May Be Wary of Adding Crypto or Private Equity to 401(k)s
The New York Times – Business:A proposed federal rule aims to clear the way for retirement savings plans to include alternative assets. But it may not be enough to protect employers from lawsuits.
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Check Your Target-Date Fund, Especially if You Plan to Retire Soon
The New York Times – Business:Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.