Browsing Tag
Coronavirus (COVID)
288 posts
COVID-19, caused by the SARS-CoV-2 virus, is a contagious respiratory illness. The disease can range from mild to severe, with symptoms including fever, cough, and fatigue. The pandemic began in January 2020, leading to widespread global impact.
Full Economic Recovery Will Take 6 Years for Women of Color
We know that the COVID-19 pandemic has negatively impacted women’s personal finances, but just how bad was the…
How TDF Design Can Impact Investor Behavior
The pandemic highlighted the need for a backstop against TDF investors' panic-based behavior, according to insight from PIMCO.
Freeze on 401(k) Contribution COLAs Removed from Stimulus Bill: ARA
The American Retirement Association announced Thursday that, after a week of intense lobbying by the industry advocacy organization, the freeze…
Biden Stimulus Would Cap 401(k) Plan Contribution Increases
Retirement plan advocates are concerned about provisions included in the $1.9 trillion American Rescue Plan Act of 2021,…
Pandemic’s Economic Perspective: Is it Worse than 2008?
Despite recent optimism over vaccine success and the possibility of a return to normal—however defined—nearly seven in 10…
2020 Year-End Self-Directed 401(k) Balances Soar
The stock market’s strong fourth quarter provided a nice year-end boost for retirement plan participants with self-directed brokerage…
By the Numbers: 401(k) Plan CARES Act Activity
CARES Act distributions 2020 show participant trends, with most staying invested and only 6% taking coronavirus-related withdrawals.
Financial Situations in 2020 Stressed Out Most Employees
eMoney Financial Wellness Survey shows financial situations caused employees the most stress in 2020 as a result of the COVID-19 pandemic.
What Stock Market Run? Half of Retirees Have Not Recovered from Pandemic
Despite the stock market reaching record highs, an alarming number of retirees say their retirement account balances had…
Nearly Half Say Pandemic Has Eroded Ability to Save for Retirement
Close to half of American workers say the COVID-19 outbreak has had a negative impact on their ability…