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Workers Give Up Billions In Retirement Gains By Rolling Over Into Cash Holdings
Thursday, July 25, 2024 - 9:12am | 510Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an...
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Robinhood Shifts From Short-Term Trades To Long-Term Stability: Begins Offering IRAs
Friday, July 14, 2023 - 11:30am | 546Renowned for its gamification, commission-free trades, and a spike in retail investor activity in 2021, Robinhood Markets Inc (NASDAQ:HOOD) is now expanding into an unfamiliar area: retirement planning. Marking a substantial shift from its reputation as a hub for short-term trades popular with...