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More Than Zero: 401(k)s Will Feel Fed’s Rate Hike.

Authors :
Kujawa, Patty
Source :
Workforce. Mar2016, Vol. 95 Issue 3, p18-18. 1p. 2 Color Photographs.
Publication Year :
2016

Abstract

The article discusses the possible impacts of the increase in interest rates introduced by the U.S. Federal Reserve on 401(k) retirement plan, as March 2016. It states that higher rates may lead to better return on investment market and other saving plans, and mentions that the elevated rate may cause volatility in stock and bond market in the short ter. It presents comments from retirement consultant Alan Glickstein on the same.

Details

Language :
English
ISSN :
23312793
Volume :
95
Issue :
3
Database :
Academic Search Index
Journal :
Workforce
Publication Type :
Periodical
Accession number :
112956670