‘Fiscal Cliff’ Standoff Weighs on Stocks, 401(k)s
Mario Tama/Getty Images(NEW YORK) — Investors don’t like uncertainty, and Washington’s game of cat and mouse on the so-called “fiscal cliff” of tax hikes and spending cuts has erased hundreds of billions of dollars of wealth from Americans.If a …
401(k) Fees May Cut 30 Percent from Retirement Balance
iStockphoto/Thinkstock(NEW YORK) — American workers who don’t think twice about their employer-sponsored 401(k) plans may be surprised to learn that fees can cut their retirement savings by 30 percent over a lifetime.A household with two people …
How Elections in France, Greece Can Affect Your 401(k)
Photodisc/Thinkstock(NEW YORK) — Voters in Greece and France went to the polls and sent the same message, punishing leaders who pushed through austerity plans — drastic cuts aimed at saving Europe’s economy. Why should the U.S. care about rejec…