Workers who are considering taking a lump-sum payment from their employer-sponsored pension in retirement shouldn’t wait much longer to decide, as the Federal Reserve’s planned series of interest-rate...
Tag: Pension
Senator Introduces Financial Freedom Act to Allow Crypto in Pension Plans
The Republican lawmaker believes the government should not limit the type of assets that people can select for their retirement plans. In an op-ed for CNBC on May 5, Tuberville wrote that: “The federa...
Fidelity, Bitcoin pension funds worry senators
In a letter to Abigail Johnson, CEO of Fidelity, Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed great concern about the decision to add Bitcoin to pension funds. US s...
Virginia county looks to crypto yield farming for pension system investments
Fairfax County, Virginia, has already allocated portions of its pension funds to crypto and blockchain investments, but it’s considering wading further into the space with a larger investment in...
Virginian county wants to put pension funds into DeFi yield farming
The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over deeper involvement with decentralized finance (...
‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans
The proposal by Fidelity Investments to let clients put bitcoin into their 401(k) plans poses a danger to the financial security of Americans, the Department of Labor has said. “We have grave concerns...
Fidelity, pension plans in Bitcoin
Fidelity Investment, the world’s fourth-largest pension fund manager, stated on Tuesday that it will allow people to allocate part of their retirement savings in Bitcoin through their investment plans...
Mutual Fund giant pushes Bitcoin pension plans
Bitcoin savings plan has been introduced by Fidelity. Mutual fund large Fidelity Investments is within the right direction not off course to permit customers to feature Bitcoin in their 401(k) savings...
Scaramucci’s SkyBridge to Add Bitcoin to Its 401(k) Pension Scheme, Following Fidelity’s Example
Yuri Molchan Antony Scaramucci has tweeted that Bitcoin would become part of SkyBridge’s 401(k) program SkyBridge Capital founder and chief executive Scaramucci has taken to Twitter to announce ...
Fidelity Investments to offer Bitcoin for pension funds
U.S.-based Fidelity Investments — the largest provider of pension plans in the country — plans to offer its clients the option to put their retirement funds in Bitcoin (BTC), according to a report fro...
Fidelity Pushes Bitcoin Further Into Mainstream by Offering It for Pension Plans
Alex Dovbnya Mutual fund giant Fidelity Investments will allow allocating retirement funds to Bitcoin Mutual fund giant Fidelity Investments is on track to allow customers to add Bitcoin to their 401(...
How to Invest a Lump Sum Pension Payout
SmartAsset: How to Invest a Lump Sum Pension Payout A pension plan promises to pay a defined benefit for the length of an employee’s retirement. Depending on your financial circumstances, you may cons...
U.S. Pension Giant to Vote to Replace Buffett as Berkshire Chair
(Bloomberg) — California Public Employees’ Retirement System, the largest public pension fund in the U.S., said it plans to vote for a shareholder proposal that Berkshire Hathaway Inc. replace b...
Is a Simplified Employee Pension (SEP) IRA Tax Deductible?
Payments made to a Simplified Employee Pension (SEP) IRA are tax-deductible for employers, but there is an annual limit on contributions. SEP IRAs are funded solely by the employer using tax-deductibl...
‘We are not sure how prepared we are for retirement’ – we are 60 and 61, and don’t know how much longer we can work, have $360,000 in retirement savings and a pension
I am a 61-year-old teacher in Missouri who plans to work 3-4 more years before retiring. Depending on what option my husband and I choose from the Public School Retirement System, we should get betwee...
Here’s How We Bolster Music Education: Use Our Pension Pots
Public sector pension funds – including teachers funds and national pension pots – are investing in the music business. The Michigan State Teachers Pension Fund, for example, invested $1.1...
Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable
Lendable.co.uk, a major AI-powered consumer finance platform based in London, announced on Thursday it raised £210 million in a funding round led by the Ontario Teachers’ Pension Plan Board through ...
Pension fund leads $276 million investment in loan platform Lendable
advertisement Consumer loan platform Lendable announced a $276 million (£210 million) funding round at a valuation of $4.6 billion on Thursday. The round was led by Ontario Teachers’ Pension Pla...
Rise of early retirement threatens pension poverty timebomb
Rise of early retirement threatens pension poverty timebomb Boris Johnson came out fighting at Prime Minister’s Questions in the Commons last week. The besieged premier chose the jobs market as one of...
‘Bitcoin will untether itself from other assets,’ says exec with note for pension funds
The crypto-market mayhem has even got the first Bitcoin ETF in the red after a stellar debut. According to a Bloomberg report, BITO is now among the 10 worst performers amid the broader market weaknes...