Thursday, August 18, 2022

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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...
ANOTHER OPTION: Manny Rezendes, an investment adviser representative with Euclid Financial Services, says more businesses, particularly small and midsized ones, are offering the Roth 401(k) in their retirement benefits ­packages. / PBN PHOTO/MICHAEL SALERNO

Roth 401(k)s gain popularity at small, midsized businesses

The 401(k), the stalwart of retirement accounts, has a younger sibling that’s starting to become more common in benefits menus in Rhode Island. For many...
STARTING EARLY: Nick Loring, left, principal of Loring Advisory Group in Smithfield, speaks with client service associate Mike Primiani. Loring says the amount of financial advice available online allows millennials to take retirement seriously even though it’s more than three decades away. / PBN PHOTO/MIKE SKORSKI

Many millennials taking steps to have fat nest egg in retirement

How do millennials stack up when it comes to retirement savings as opposed to members of Generation X? According to a recent national survey, millennials...

Calling it a career

Are you or any of your employees slated to retire within the next five years? Yes: 100% No: 0% How many of your employees are enrolled in...

The argument for ditching the 401(k) and starting over

There have been some modest attempts in the past few years to shore up and fill in gaps in this country’s haphazard system of...

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