Topic: Fidelity Investments

p class = "MsoNormal" p class = "MsoNormal" Changes to financial regulations have a shot in the arm newsthat Tuesday with two Republican senators...

Hardship causes many to withdraw from 401(k)

Withdrawing money from a 401(k) prior to retirement age goes against the advice of most financial experts, yet a record number of people are ...
New Yorkers who participate in the state's 529 college savings direct plan will see fees cut by almost 50 percent, New York State Comptroller ...
More than 600 firms now use WealthCentral, according to an announcement today by Fidelity Investments. The company went on to state that it expects...

The Seven Deadly (Debt) Sins

When your computer is locked up and you're staring at the blue screen of death, hitting the reset button is often the only remedy. It's scary...

Are Americans de-banking?

The financial crisis that destroyed some of the world's biggest banks and sent others to the brink of failure have changed Americans' idea of ...

Fidelity: retirement fund withdrawals rise in downturn

BOSTON (Reuters) - A record number of U.S. workers are tapping into their retirement accounts to make it through the economic downturn, Fidelity Investments found in a survey released on Friday.Among the 11 million workers whose 401(k) plans are run ...
Fidelity: Struggling workers increasingly tapping 401(k) accounts for needed cashIn the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals

Hedge fund managers dig into energy stocks

BOSTON (Reuters) - BP's Deepwater Horizon disaster and falling oil prices crushed shares of energy companies in the second quarter, attracting the attention of some of the hedge fund industry's sharpest long-term investors.Top managers including billionai