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IRA Growth Just Got Better for Retirement and Can Help Recover from COVID Impact

IRA Growth Just Got Better for Retirement and Can Help Recover from COVID Impact Share Article Americans say the events of the past year have hurt their retirement savings and it will take two to three years to recover, due to job loss or emergency retirement account withdrawals. ALBUQUERQUE, N.M. (PRWEB) May 13, 2021 Sol Mar REI, LLC., has announced today that it is extending its special nationwide offer of Cash Bonuses up to $2000.00 on new Client Accounts for Retirement Account Rollovers and Custodian-to-Custodian Transfers to SDIRAs, Checkbook Control IRAs and Solo 401(k)s to help in the COVID financial recovery process.

Fidelity expanding in RTP, adding 500 jobs – hiring already underway

RESEARCH TRIANGLE PARK –Fidelity Investments is adding another 500 jobs at its Triangle campus and adding additional business capabilities, the company announced today. The jobs are being added to “support continued customer growth and interactions,” the company says, and hiring “is happening immediately.” “The 500 jobs will be part of a new business function for Fidelity Investments’ portfolio in North Carolina, which until now, has focused on technology that supports all company business lines, as well as customer service for 401(k) and other workplace clients,” Fidelity said. “The company notes that candidates do not need to be a licensed financial professional to be hired.”

Health Care Costs in Retirement Remain a Top Stressor

Health Care Costs in Retirement Remain a Top Stressor Fidelity’s latest analysis shows people often underestimate the potential cost of health care in retirement, even after two decades of watching health care costs increase year-over-year. Reported by Dramatic headlines about the rising cost of health care are nothing new in the financial services industry, yet, every year, Fidelity Investments’ updated retirement health care cost projections raise new and pressing questions for retirement industry practitioners. This week, Fidelity published its 20th annual health care cost estimate, finding a couple retiring today will need approximately $300,000 to cover medical expenses. This is up 30% from 10 years ago and 88% since 2002, when the yearly tracking project began.

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