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For many Americans, their largest single source of savings isn’t a checking account or savings account — it’s their employer-sponsored retirement plan. Yet it’s also one of the most difficult accounts to access. That’s by design. Qualified defined contribution plans like 401(k)s come with rules, restrictions and potential tax penalties…
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Retirement is meant to be a reward for decades of work and saving. But for many, one hidden risk quietly threatens that reward: the risk of experiencing poor investment returns early in retirement while withdrawing from savings. Known as sequence‑of‑returns risk, this phenomenon doesn’t show up when you’re in accumulation…
Stay informed with free updatesSimply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox.Europe’s economic prosperity is “geared towards a world that is gradually disappearing”, Christine Lagarde said on Friday, imploring the bloc’s policymakers to finally overcome “years of inaction”.In a scathing speech, the president…
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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…
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Key News Asian equities had a strong day as Japan outperformed, and Hong Kong posted…
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Snowflake — a mobilizer of enterprise data through a company’s data cloud — exceeded investor…
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WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in October,…
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