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
Morning Bid: Fed Easing Bets Reach Fever Pitch
Spurred on by Trump and Bessent expectations for rate cuts are reaching fever pitch with markets starting to price in small chance of half point cut.
There’s a Good Reason Stocks Continue to Hit All-Time Highs—Most Companies are Beating Expectations, JPMorgan Says
With inflation largely under control investors appear to be assuming that the US Federal Reserve will deliver a 0.25% interest rate cut in September.