After two months of sustained gains, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.
After three straight months where nearly every fund in the federal government’s 401(k)-style retirement savings program lost value, all funds finished last month in the black.
A previous effort to move the I Fund to a broader benchmark index, which included investments in Chinese corporations, met opposition from the Trump administration and Republican lawmakers.
The federal government’s 401(k)-style retirement savings program will use the entire two-year “transition period” to implement new rules governing how older workers can make catch-up contributions as they approach retirement.
The global campaign promoted by the International Organization of Securities Commissions aims to raise awareness about the importance of investor education and protection.
For the second straight month, the vast majority of the portfolios in the federal government’s 401(k)-style retirement savings program declined in value.