When a loved one passes away, the following days can feel surreal. While you grapple with the emotions a loss brings, there are also legal and personal matters to tend to, such as closing a bank account or planning a funeral service.
A 401(k) is a fantastic way to prepare for retirement. But accessing the funds before certain criteria is met will cause you to incur penalties and lose out on some of those hard-earned savings.
Rising rates can be a good thing for your savings goals. That’s because financial institutions sometimes raise their own rates on deposit products like certificates to help their members cash in on current conditions.
In an early July poll, 58% of Americans said they thought the US economy was in a recession, up from 53% in June and 48% in May.1
For the first time since 2015, each of the benchmark indexes lost value for two consecutive quarters. They also posted losses for June, marking three consecutive down months for the tech-heavy Nasdaq, its longest losing streak since 2015.