A large number of financial companies including giants like Fidelity have been working to offer crypto exposure in the 401 (k) retirement plans. U.S. Treasury Secretary Janet Yellen has issued a stron...
Tag: Retirement
It Is a “Very Risky” Option for Retirement Savers
Janet Yellen, the secretary of the U.S. Treasury, said at an event on Thursday that cryptocurrencies are a “very risky” option for people who are saving for their retirement. “It’s not something that ...
Crypto is Not Suitable Option for Retirement
Janet Yellen – an American economist who serves as the 78th US Secretary of Treasure – believes people should not rely on investing in cryptocurrencies as part of their retirement strategy. In her vie...
Bitcoin for a retirement portfolio?
With Fidelity announcing that it would allow customers to add crypto to their 401Ks, and Janet Yellen pronouncing that crypto isn’t a suitable retirement option, what are the drawbacks and advantages?...
US Treasury Secretary Yellen advises against Bitcoin for retirement savings
? Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. Treasury Secretary Yellen said Bitcoin, as a retirement savings vehicle, would be a “very risky” move, Bloomberg News rep...
Yellen wary of inclusion of crypto in retirement plans 1
US Secretary Janet Yellen has given her opinion about plans by several parties to add digital assets to the portfolio of investments for retired workers. According to her latest statement, the US secr...
Schwab Says This Can Double Your Retirement Savings
SmartAsset: Schwab Says This Tip Can Double Your Retirement Savings After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500...
Consider a portfolio of 100% stocks if you’re at least 10 years from retirement
This year’s stock market isn’t what it seems. “It wasn’t supposed to be this way!” That’s the refrain from many investors who are looking at a U.S. stock market SPX, -1.08% decline so far this year of...
Retirement Planning Blind Spots | Investor’s Business Daily
Do you have fogged reading glasses and blind spots when it comes to retirement planning? You might if you’re intentionally ignoring some shocking costs. X You’re not alone. Financial advis...
Michael Kitces on the Myth of Retirement
JPMorgan CEO Jamie Dimon was sounding the alarm last week. He said, going all the way back to 2010, the major buyers of U.S. Treasuries have been central banks, foreign exchange managers, and banks wh...
Behind on retirement saving? A bad market can be a good time to invest
Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than i...
‘Market volatility is an opportunity’ for young adults to save for retirement
The stock market’s volatility may alarm young adults who haven’t experienced this instability before. But the market’s ups and downs can offer young people an opening to build their retirement nest eg...
Retirement service provider sues US Labor Department over crypto guidance
? Want to work with us? CryptoSlate is hiring for a handful of positions! A retirement savings service provider, ForUsAll, is suing the U.S. Department of Labor over recent guidance issued to fund man...
The Best Retirement Spending Advice From Our Readers
Regarding “rules” for budgeting in retirement, I set aside $100,000 in what I call my “Stuff Happens” account. It’s designed to get me through five years of unexpected and one-time expenses. My buddie...
Retirement Plan Advisor Sues U.S. Department of Labor Over ‘Arbitrary’ Crypto Guidance
A financial planning company allowing customers to include crypto in their 401(k) plans is suing the Federal government. In a new filing against the U.S. Department of Labor (DOL), the retirement firm...
Labor Department Sued for Opposing Crypto in Retirement Accounts
The San Francisco-based 401(k) provider ForUsAll is suing the US Labor Department for investigating businesses offering cryptocurrencies within customers’ retirement accounts. The company alleges that...
But What If You’re Approaching Retirement?
SmartAsset: Experts Say Stay Invested in a Volatile Market. But What If You’re Approaching Retirement? With market volatility running high, even seasoned investors may feel the need to reduce th...
How a Bipartisan Plan in the Senate May Help You Save for Retirement
SmartAsset: How a Bipartisan Plan in the Senate May Help You Save for Retirement As the retirement industry awaits the release of the Senate’s version of the SECURE Act 2.0, a pair of senators h...
Even inventor Bill Bengen is revisiting the 4% rule — is it still the key to making money last in retirement?
We are often told we need to save as much as we can over 30 or 40 years of work to carry ourselves through retirement. But once we reach that milestone, how do we ensure those savings won’t run out be...
How does the big change coming to 401(k)s impact my retirement plans? Here’s what you need to know about the accounts vs. Roth IRAs
How does the big change coming to 401(k)s impact my retirement plans? Here’s what you need to know about the accounts vs. Roth IRAs As with other major financial matters in your life, it pays to...
Why cash is an important part of your retirement plan
Retirement savers are often told they’ll see a greater return in their retirement assets if they invest it – and that may be true – but it’s important to prioritize some cash in a retirement plan as w...
Hot Off The Grill! Why Your Retirement Sizzles Like A Juicy Hamburger
getty As you celebrate National Hamburger Day (May 28th) this Memorial Day Weekend, retirement is probably the last thing on your mind. But as the sizzling aroma of those grilling burgers captivates y...
Elizabeth Warren Attacks Fidelity for Allowing Crypto Retirement Investing
Fidelity Investments has opened its retirement services to those who love crypto. Fans of digital currencies like bitcoin and Ethereum can now purchase these assets and many others like them through t...
Bitcoin And Retirement: U.S. House Bill To Include Crypto On 401(K) Plans
United States Rep. Byron Donalds has initiated a bill to the U.S. House of Representatives seeking to incorporate Bitcoin into every American home’s 401(K) retirement plans. It’s a novel and bold move...
U.S. House Introduces Bill to Allow Bitcoin In 401(k) Retirement Plans
On Friday, Rep. Byron Donalds (R-FL) introduced a bill to the U.S. House of Representatives that would allow Americans to include Bitcoin into their 401(k) retirement plans. The bill serves as the Hou...
Following Crypto Meltdown, Bill Eyes to Prevent Bitcoin Retirement Accounts From Fed Ban
Following the crypto meltdown last week, a group of Republicans in Congress has proposed a bill that would protect the right of investors to add Bitcoin to 401(k) retirement plans. The bill, if ...
Our retirement system hurts the middle class
America has a vast and elaborate system of public policies supposedly designed to help us all save for retirement and avoid the catastrophe of a penurious and poverty-stricken old age. But does this s...