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Sunday, November 29, 2020
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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...
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...

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