Latest Articles by Anne

SIPC vs FDIC: What’s the Difference?
The Securities Investment Protection Corporation (SIPC) insures your investments in the event your brokerage firm goes under. Similarly, the Federal Deposit Insurance Corporation (FDIC) insures your deposits in the rare event your bank folds. The SIPC and FDIC serve different purposes, so you won’t necessarily be making a choice between ... Continue Reading
January 27, 2021
401(k) Match Suspensions May Cost Workers $13 Billion Over Next Year
Workers in nearly every industry have been impacted by the coronavirus pandemic, with the unemployment rate hitting a new high in 2020 of 14.7% and pay decreases becoming typical. Now, a study from MagnifyMoney estimates that workers may lose $13 billion over the next 12 months as employers suspend their ... Continue Reading
August 4, 2020