United States lawmakers are asking Fidelity Investments, the leading provider of 401(k) accounts in the US, to reconsider its decision to offer Bitcoin as part of its customers’ retirement plans. The latest push, according to a report out early Tuesday, comes even as the cryptocurrency industry battles fresh contagion fueled by crypto exchange FTX’s collapse.…
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If you’re feeling the squeeze of inflation and studying the shifting markets, you might be concerned about an approaching recession. You wouldn’t be alone. It’s natural to be nervous about your money, and it’s a good idea to review your personal finance plan, including your 401k investments, to ensure you’re prepared. Here are 5 of…
Read articlePlaying with 401k to settle figuratively speaking Far could have been written about the new impact education loan loans is having on new Western discount. According to Wall Path Log, education loan debt is currently more than $step one.5 trillion, the typical loans is $34,000 for each individual, one or two mil finance have defaulted…
Read articleWelcome to This Week In Compliance: GAN’s weekly news roundup, where we curate the latest stories on compliance and anti-corruption to keep you informed. This week, Wells Fargo has been ordered to pay USD 145M in a 401k fraud scheme. Read the full story and more news below: Top Story Wells Fargo to Pay USD…
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It is not exactly a secret that the rates of inflation are skyrocketing right now. This is especially true in the United States, but unfortunately it is a global problem too. That means we should all make ourselves aware of it and start to take precautions in regard to how it can impact our finances…
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The sooner you start saving toward retirement, the better. Your employer’s 401(k) match plan helps your investment grow, so you can retire comfortably and realize your post-employment dreams. Understanding your plan’s terms and benefits is essential to maximize your savings and earning potential. Use the following information and tips to help your 401(k) employer match…
Read articleIndividuals are eligible to obtain Social Security Disability Insurance Benefits (SSDI) if they suffer a long-term or permanent condition that prevents them from working in any capacity. This condition may be any qualifying injury or illness that keeps them from working. Individuals pursuing SSDI benefits may also be enrolled in an employer-sponsored 401(k) retirement plan.…
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Many people manage their 401k accounts poorly. The majority manage them adequately. A few manage them well. Then there are the investing ninjas. Investing ninjas do everything right to ensure themselves the maximum return and a more than comfortable retirement. Being an investing ninja takes a little more time than just being an adequate or…
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401K for Expats: A Guide If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me (advice@adamfayed.com) or use WhatsApp (+44-7393-450-837). Whilst we have done our best to make sure this piece is accurate at the time of publication, nothing written here is formal…
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Holiday burnout: We always say we won’t let it happen to us another year, yet every year, we find ourselves worn out. Holiday burnout is a real thing, with 1 in 3 Americans experiencing it by mid-December.¹ Consider the following results from a survey by JoyOrganics:² The survey also found that many people would rather…
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