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The message from the left for the Fed: Stop punishing workers

The message from the left for the Fed: Stop punishing workers

Leave a Comment / Economy / By

“It’s a throwback to the bad old days,” said Benjamin Dulchin, campaign leader of Fed Up, a coalition of community groups and labor unions. “Overreacting and sticking with the workers because it’s the only thing they know they can do is the same old prejudice.” Fed Up was among progressive groups that praised Republican Powell …

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'Billions of dollars are being left behind': The 401(k) industry now has a 'lost and found' for your old retirement accounts

‘Billions of dollars are being left behind’: The 401(k) industry now has a ‘lost and found’ for your old retirement accounts

Leave a Comment / Personal finance / By

JGI | Jamie Grill | Mix images | Getty 401(k) plans hold $7.7 trillion in retirement savings. But withdrawals from small accounts squeeze billions out of the system every year and can hurt investors’ chances of having a secure retirement, research shows. A trio of the industry’s top 401(k) administrators — Fidelity Investments, Vanguard Group …

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