Thursday, October 10, 2024

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James Worrell

Retirement savings: When every dollar counts

Do you know how much you are paying for your 401(k) or 403(b) plan and investments? Paying too much in fees, even just 1%...

Weston: Investing for retirement – Why you might want to reconsider...

Like many other educators, high school science teacher Robert Curtiss of Dearborn, Mich., thought he was doing the right thing by investing in his...
SAVING EARLY: Frank Giorgio, vice president of investments and business development at Lax & Co. LLC in Warwick, advises clients to enroll in 401(k) and 403(b) plans when available. Under the Secure 2.0 Act, most companies will have to auto-enroll new employees into these plans. 
PBN PHOTO/­MICHAEL SALERNO

Secure 2.0 Act could help workers save for retirement

For around half of Americans, retirement isn’t as restful as its moniker implies – if they can achieve retirement at all. “We do deal with...

Weston: Safer ways to raid your retirement, if you have to

Raiding your retirement accounts can be expensive. Withdrawing money before age 59½ typically triggers income taxes, a 10% federal penalty and — worst of...

The next chapter

Are you or any of your employees slated to retire within the next five years? Yes: 83% No: 17% Unsure: 0% How many employees are enrolled in a...
Sehoon Kim

ESG investing is undergoing a big stress test

The Federal Reserve raised interest rates again on May 3, by a quarter point, making it the Fed’s 10th rate hike since March 2022...

Employers dig deeper for workers

Hiring woes continue to plague the state’s hospitality industry. That’s left many employers digging deeper into their own pockets to get through the height...

Ned Johnson, who made Fidelity a fund titan, dies at 91

NEW YORK (AP) – Edward "Ned" Johnson III, a businessman who grew Fidelity Investments into the financial giant it is today, has died. He...
MONEY CONCERNS: When Janet Tanury was forced to temporarily close her clothing boutique in the spring because of the COVID-19 pandemic, she stopped making contributions to her retirement account.  / PBN PHOTO/RUPERT WHITELEY

More people resorting to raiding their nest egg

Janet Tanury had been dutifully putting away money for retirement for years and was even considering doubling her contribution. Then, COVID-19 hit, shutting down Botticelli...

It’s best to ride the downs and ups

If you look at your phone or turn on the TV, it’s hard to miss that the stock market is on a journey worthy...
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