Goldman reports that the ‘TINA trade’ is still strong, supported by 401(k) purchases.
Goldman Sachs Insights on Stock Market and “Tina” Trade Goldman Sachs has indicated that the stock market may further amplify the appeal of the “Tina” trade—an acronym for “There is no alternative.” This concept takes hold when investors feel there’s no reasonable option available outside of a certain asset, typically stocks. A prime example of […]
We are close to saving the right amount in our 401(k) retirement accounts. Here is the key figure.
Rising 401(k) Savings: A Closer Look Americans have made significant strides in saving for retirement through their 401(k) accounts in recent years. According to the latest Resignation Savings Report from Fidelity, a leading retirement planning firm, the savings rate for Fidelity 401(k) plans reached 14.3% in the first quarter of 2025. This figure marks a […]
Unnoticed 401(k) account fees can lead to significant losses in retirement savings for workers, report reveals.
401(k) Plans at Risk of Being Forgotten As job mobility increases among Americans, a lot of individuals are at risk of neglecting their 401(k) plans from previous employers, a recent study reveals. In 2023, there are approximately 29.2 million unclaimed 401(k) accounts, which marks a 20% increase from two years ago, according to a fintech […]
The amount of money Americans in their 30s have in their 401(k) accounts.
401(k) Contributions Remain Steady for American Workers in Their 30s American workers in their 30s appear to be consistently contributing to their 401(k) plans, even as market fluctuations have affected account balances this year. According to Fidelity, the largest retirement planning provider in the country, which oversees more than 24 million 401(k) accounts, the latest […]
Labor Department Allows Cryptocurrency in 401(k) Plans
The US Department of Labor has officially abandoned its 2022 guidance that cautioned against including cryptocurrencies in 401(k) investment options. This change could potentially open up billions in retirement savings for crypto investments. End of 2022 Guidance The guidance from March 2022 advised retirement plan trustees to exercise “extreme caution” before adding cryptocurrency options, effectively […]
Market fluctuations make some Minnesotans concerned about their 401(k) retirement savings.
Market Outlook and Retirement Concerns “It’s going to feel like a roller coaster,” Royal noted, adding that this year’s market reflects last year’s trends. This unpredictable atmosphere might challenge those planning their 401(k)s or depending on them for retirement income. Louen Sexton, 63, from Mendota Heights, retired from St. Thomas University in January and is […]
Coinbase CEO delivers a powerful message about 401(k) plans.
In his first interview since announcing that Coinbase would join the S&P 500 on May 12, CEO Brian Armstrong described this as a significant moment for both the company and the broader cryptocurrency sector. During the interview, he expressed his delight, stating, “I’m so happy to be included in the S&P 500. Now it means […]
401(k) leader to permit investments in private markets within its retirement accounts
More individuals saving for retirement are showing interest in incorporating private market investments into their portfolios. Empower, a major player in the 401(k) sector, will start permitting investments in individual credit, stocks, and real estate for some managed accounts later this year. The company announced a partnership with seven firms, including Apollo Global Management and […]
The Typical 401(k) Balance for Americans Aged 55 to 64 Might Surprise You
A lot of folks really want to save for retirement, but, you know, life can really get in the way sometimes. When you’re in your 20s, earning an entry-level salary, it’s pretty easy to push those retirement savings to the back burner. And then, as you hit your 30s, plans to save might be derailed […]
This could be the No. 1 401(k) move for 2025
Jason Katz, managing director and senior portfolio manager at UBS, discusses whether President Donald Trump's tariffs will risk passing the tax cuts on “Varney & Co.” If you are looking at the market in 2025 and feeling anxious, you are not alone. Recent tariffs announced in the interim Us and China – Along with retaliatory […]