Early 401(k) withdrawals hit a record high
Early 401(k) withdrawals have reached a record high among Americans. Around 4.8% of 401(k) account holders took early withdrawals in 2024, a record high, due to financial emergencies, The Wall Street Journal revealed. The 401(k) seems to have become a rainy-day fund for average Americans due to automatic enrollment and easier access to retirement savings for emergencies.
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Read MoreI'm 68 and Don't Know If It's Better to Take a $130K Lump Sum or $945 Monthly Pension in Retirement
Personal Finance
Pensions provide additional income that can help you in retirement, but most of these plans force retirees to make a big choice: receive a lump sum right now or monthly payouts for the rest of your life.
Read MoreHow to Create a Successful Mutual Fund Portfolio for Long-Term Goals
business
Welcome to MC Explains, your trusted guide to mastering investment strategies. In this episode, we’ll help you understand how to build a mutual fund portfolio for your long-term goals, whether they’re 5 years or more away. Learn the 5 essential rules to make your investments work for you, including how to beat inflation,
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Read MoreTrump Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile via Executive Order
President Donald Trump has issued an executive order establishing a Strategic Bitcoin Reserve, alongside a U.S. Digital Asset Stockpile, aiming to position the United States as a global leader in cryptocurrency management and strategy. The move treats Bitcoin explicitly as a reserve asset within the federal government’s holdings.
The newly formed Strategic Bitcoin Reserve will primarily be funded through Bitcoin assets currently in the possession of the U.S.
Read MoreMarket Whales and Their Recent Bets on COST Options
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $900.0 and $1080.0 for Costco Wholesale, spanning the last three …
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Read MoreThe Burst
Market Commentary: 1 AI Stock Under $10 Hits 52-Week Low
If you’re looking for an investment opportunity that has been touted as Google for Earth data, Planet Labs may fit the bill.
The company, founded by former NASA engineers blends technology, geospatial intelligence, and revenue growth into one compelling narrative, yet recently hit an all-time low. So is now the time to buy?
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Read MoreThe Ivy
Perfect Time To Bet The Farm On Vegas Stock?
Five years ago, the stock we are about to discuss was trading pretty much where it sits today. Between then and now, though, it’s plunged in value by 75% during the COVID era, and rallied 10x from those lows before losing about 75% again to trade close to where it’s at today.
With all that volatility,
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Read MoreThe Spotlight
80% Of Physicians Use This Platform, Is It a Buy?
2021 was an epic year for IPOs, primarily driven by very low interest rates, and COVID-19 stimulus funding. In fact, in 2021, there were 976 IPOs, compared to 480 the prior year. One of the most noteworthy IPOs of the year was Doximity, Inc. (DOCS), which opened at $26 per share.
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