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
Wednesday's Rate Cut Wasn't Necessarily The First Of Many, Fed Chair Powell Says
It has been nearly nine months since the Fed last delivered relief in the form of an interest-rate cut. That pause ended this afternoon, but what now?
PIMCO Recommends Fed Halt Mortgage Unwind To Boost Housing Market
U.S. bond firm PIMCO said the Federal Reserve should consider a halt to the shrinking of its mortgage holdings to boost the U.S. housing market.