Retirement savers who hold 401(k) accounts with Fidelity are socking away money like never before, despite — or maybe because of — the COVID-19 pandemic.
How can the presidential election effect your finances, you ask? Let's talk about Joe Biden's proposed changes to 401k retirement plans.
Individuals impacted by the COVID-19 pandemic are eligible to take a distribution from their 401(k) or IRA by the end of the year. Here's what this means for you.
In this scenario, incurring a penalty on purpose sets a couple up for a more robust financial future. Here's why financial advisors who look at the bigger picture get the job done better.
Before deciding to front-load your 401(k), consider the possible implications to your employer match. These three examples serve as a case study.
A target date fund is a type of mutual fund that is popular in retirement accounts like 401k’s. The way they are supposed to work is that you select the fund with the date closest to your retirement year and the fund will adjust itself over the years to become more conservative in its investment …