ads by Clixsense

Thursday, August 15, 2024

Retirement: Protecting your 401(k) during a recession

Stock market pull-backs like the recent global sell-off are stark reminders that account balances also go down. Here's what to know. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

Advertisement

Read in browser
 

Retirement

Thu Aug 15 2024

 
Most equities will eventually recover from a recession-induced pullback.

Stock market pull-backs like the recent global sell-off are stark reminders that account balances also go down. Here's what to know.

Advertisement

Social Security cards.
 

2025 COLA estimate dips, but high living expenses still hurt seniors

The estimated 2025 COLA for Social Security recipients dipped with July inflation, but seniors continue to struggle with daily expenses.

A person with a serious expression sitting at a kitchen table.
 

Social Security COLA comes out in less than 2 months. Expect bad news

The numbers aren't looking so favorable as of now -- and they could get even worse.

Two seniors looking at financial paperwork.
 

Here's the most you can earn from Social Security in 2024

Seniors may get a check as high as $4,873 from Social Security, but no retiree's payment can be bigger than that in 2024. Here's why.

"Consumers have new expectations of vehicle safety features beyond collision avoidance and crash protection," says Jim Nichols, a spokesman for Volvo Car USA. "The effects of the pandemic have expanded the definition of safety and heightened interest in features like air filtration systems, contactless service options and virtual retail experiences."
 

Need some quick cash? Now you're allowed to raid your 401k.

Need $1,000 to cover an unexpected expense? Starting this year, you may be able to withdraw the money from your 401(k) with relative ease.

 

Sign up for the news you want

Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you.

SEE ALL NEWSLETTERS 

Advertisement

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

Problem viewing email? View in browser

No comments:

Post a Comment