IRA vs 401k

Retirement Options

Finanace

How much income will your 401(k) provide?

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Retirement account owners have long had trouble translating the money in their 401(k) into income. That’s about to change. Later this year, possibly in the third quarter, plan sponsors will be required to include two lifetime income illustrations on participants’ pension benefit statement at least once annually. In essence, the illustrations show how much income a participant’s … [Read more...] about How much income will your 401(k) provide?

Electric Aircraft Startup Archer to Go Public Via SPAC Atlas Crest Investment; Shares Lift Off

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By John Jannarone and Jarrett BanksElectric aircraft startup Archer Aviation Inc. is going public by merging with a special purpose acquisition company, or SPAC, called Atlas Crest Investment Corp. (NYSE: ACIC), the startup said in a statement. The $3.8 billion deal is expected to close in the second quarter of 2021, and will provide about $1.1 billion in gross proceeds to the … [Read more...] about Electric Aircraft Startup Archer to Go Public Via SPAC Atlas Crest Investment; Shares Lift Off

Stock futures point to a higher open amid strong earnings

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Stock futures pointed to a higher open Wednesday morning as stocks looked to resume their rally. Contracts on each of the S&P 500, Dow and Nasdaq rose about 0.3%.A day earlier, the Nasdaq powered to another record closing high as tech stocks outperformed, while the S&P 500 and Dow each ended a tick below their recent record levels. Still, all three major indexes have … [Read more...] about Stock futures point to a higher open amid strong earnings