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The main problem with 401(k) retirement accounts lies in their flawed design decades ago, a range of retirement experts say.
After a dismal August inflation report was released on Tuesday, the stock market took its sharpest nosedive since June of 2020.
As if day-to-day living expenses weren’t depressing enough, a quick peek at your 401(k) statements might prove to be too much. A new report indicates the stock market decline in 2022 has led to retirement savings accounts having lost upwards of $3.4 trillion.
President Donald Trump tweeted Monday that there will be “NO change to your 401(k)” in the forthcoming Republican tax bill.