Philip Chao featured in CNBC article “2022 Was the Worst-Ever Year for Bonds.”
Bonds are supposed to be an asset class that counteracts the volatility of stocks, especially on the downside. Well, that did not happen in 2022 which led to the pronouncement of the death of the...
Philip Chao Featured in CNBC Article "Robin Hood to pay a 1% 'Match' on Customer Contributions to Retail IRAs"
Free Toasters to Free 1% Match Four decades ago, savings and loans and banks lured customers to deposit their money by giving toasters away. Today, we are hearing a free 1% "match" for encouraging...
Philip Chao featured in CNBC article "Retirement savers seek safe havens within their 401(k) plans. They may regret it later."
Key Points Eighteen of 21 trading days in October saw 401(k) investors favor fixed income (like stable value, money market and bond funds) versus stock funds, according to Allight Solutions....
Philip Chao featured in CNBC article "Billions of Dollars Get Left Behind: The 401(k) industry now has a 'lost and found' for your old retirement accounts."
Key Points Fidelity Investments, Vanguard Group and Alight Solutions - three of the largest administrators of 401(k) plans - are teaming up to reconnect workers with savings left behind at old...
Your Next Quarterly 401(k) Statement May Be Alarming. Here's Why
Philip Chao was interviewed by CNBC. Here is the complete article.
Why Employers May Not Be So Quick to Jump on the 401(k) Bitcoin Bandwagon
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Philip Chao in P&I Article “Empower bulks up by adding Prudential unit”
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Philip Chao in CNBC Personal Finance Article “Why buying a market dip can be good and bad”
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Philip Chao in Financial Advisor Article “ Bridging The Income Gap For Early Retirees”
Here is the complete article.