Despite the economic uncertainty caused by the pandemic—or possibly because of it—US retirement account balances rose to record levels during the fourth quarter of 2020, as reported by Fidelity Investments. The firm said individual contributions to individual retirement accounts (IRA), as well as 401(k) and 403(b) retirement accounts remained strong during the last three months of the year.
March 3, 2020
More Articles
JPMorgan Blames Pace Of Friday’s Stock Selloff On Levered ETFs
A run for the exits by investors in levered exchange-traded funds on Friday exacerbated the largest single-day stock market selloff since April.
Bessent Still Sees Xi-Trump Meeting, Says All Options Open
Treasury Secretary Scott Bessent said he still expects Presidents Donald Trump and Xi Jinping will meet, while warning that all options are open.