Stories Related to Protect Your 401(k) From Rising Interest Rates With This Plan

Now that the Federal Reserve, the central bank of the U.S., has raised interest rates a quarter of a percentage point, you may be wondering: What does this mean for my retirement account? In the short term, as the stock and bond markets react to the increase, even a diversified retirement account may lose value, but that’s... Andrea Coombes is a writer at NerdWallet.

Topics:  personal finance   
RELATED ARTICLES
    BING NEWS:
    • Are I Bonds a Good Investment for Retirees?
      I bonds have earned their reputation as an inflation-fighting tool for retirees. As of May 2024, I bonds are returning 4.28%, which is lower than the same period in 2023 but still well ahead of ...
      05/2/2024 - 1:00 am | View Link
    • A New Twist on the 401(k): A Monthly Paycheck for Life
      A 401(k) plan that comes with a monthly check for life. The firm's LifePath Paycheck takes a portion of an employee's retirement savings, and invests it in annuity contracts. BlackRock Chief Executive ...
      05/1/2024 - 11:49 am | View Link
    • Should You Max Out Your 401(k)? 3 Pros and Cons.
      This year, 401 (k) plan contributions max out at $23,000 for savers under age 50 and $30,500 for those ages 50 and over. And if you have the means to do so, you may be tempted to max out your 401 (k).
      04/30/2024 - 11:36 pm | View Link
    • Financial independence for young adults: establishing your own insurance
      The rules for being independent and building wealth are in flux. Understanding financial literacy and having suitable types of insurance can help young adults protect their assets and future earnings, ...
      04/24/2024 - 3:27 am | View Link
    • With interest rate cuts delayed, experts offer tips on how to maximize your 401(k)
      Financial experts say now may be a good time to consider tweaking your 401(k) as the Fed and other central banks weigh when to lower interest rates.
      04/23/2024 - 6:25 am | View Link
    • More

     

    Welcome to Wopular!

    Welcome to Wopular

    Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

    Senh Duong (Founder)
    Wopular, MWB, RottenTomatoes

    Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

    MoviesWithButter : Our Sister Site

    More Personal Finance News