Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
Category: Fidelity Investments
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Fintech Start-Ups and Investment Firms Are Battling Over Your 401(k)
Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting.
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Critics Say Select Investors Gained From US Aid to Argentina
Treasury Secretary Scott Bessent said stabilizing the country was in the United States’s interests. Critics say some investors may have also benefited.
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Gen Z, It Turns Out, Is Great at Saving for Retirement
They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are being aggressive about saving.
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Why Designated Beneficiaries Are Key to Your Estate Planning
Although a will is crucial to making sure your assets go where you want them when you die, you are likely to need something else, too: designated beneficiaries.
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Charles Schwab, Fidelity and Other Online Brokerages Report Outages
Most of the outages had been resolved by midday on Monday, but investors were frustrated by their inability to trade stocks during a morning of global market volatility.
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Retiree Medical Costs Expected to Stay Flat in 2023
An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.
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401(k) Hardship Withdrawals Tick Up as Inflation Stays High
Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.
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Rates on C.D.s Are Soaring, but the High Rates May Not Last
Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.
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A New Option for Moving Retirement Savings When Switching Jobs
The New York Times – Business:Three big 401(k) administrators are making it easier for workers with accounts of less than $5,000 to transfer the money to their new employers’ plans.