New Bill Would Permit Roth IRA to Roth 401(k) Rollovers
By John ManganaroCurrent law prohibits workers from rolling Roth IRA savings into workplace-based Roth retirement plans.
December 14, 2023
Citigroup Offers Partial Early Bonuses to Encourage Staff DeparturesAlong with the bonus awards, employees who accept the offer could also keep all of their deferred stock awards.
December 14, 2023
UBS Intensifies Cash Clawback From Credit Suisse DefectorsThe bank's law firms are threatening legal action if the required amounts, estimated at under $750 million, aren't returned.
December 13, 2023
Gen Xers Fret About Retirement Savings GapWith limited time to catch up, worry surrounds leaving the workforce, a Schroders survey finds.
December 13, 2023
Fidelity Backs Financial Planning Center as Founding SponsorLeadership of the investment giant says the firm is committed to supporting diversity and inclusion initiatives.
December 13, 2023
Ex-Wells Fargo Advisor Defrauded Health Plans, Jury FindsThe financial professional and a pharmacist secured $4 million in extra benefits payments, the U.S. attorney argued.
December 13, 2023
S&P 500 Extends Gain After Powell's RemarksFed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
December 13, 2023
Fed Pivots to Rate Cuts as Inflation Heads Toward 2% GoalChair Jerome Powell indicated policymakers are now turning their focus to when to cut rates as inflation cools.