In a time when economic hardships are putting pressure on Americans’ finances, the temptation to tap into retirement accounts like 401(k)s is growing. However, financial expert George Kamel warns against treating these funds as a quick fix. Kamel emphasizes the…
In a recent poll conducted by Axios-Ipsos, it was revealed that approximately two-thirds of working Americans aged 55 and above are reconsidering their retirement plans. Many of them are uncertain whether they can retire when they had initially hoped, with…
In a move that has sent ripples through international markets, the Biden administration recently unveiled plans to impose restrictions on U.S. investments in China’s burgeoning tech sector. The focus now shifts to Beijing’s potential retaliation in response to these measures….
In a concerning trend, a growing number of Americans are resorting to emergency withdrawals from their 401(k) retirement plans to address pressing financial emergencies in the face of persistent high inflation. Fresh data from Bank of America sheds light on…
In a groundbreaking report by Vanguard, it has been revealed that 401(k) participation has soared to an all-time high of 83% this year. This news comes as a sigh of relief for the U.S. economy, as it shows that an…
