Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Ways COVID-19 Could Hurt Your 401(k)


COVID-19 has swiftly plunged the nation toward a likely recession, and that has left millions of Americans understandably worried about how they're going to pay their bills over the next few months. Hopefully, these struggles will begin to ease once people are able to return to work, but the effects of COVID-19 will be felt for decades.

The pandemic has also pummeled 401(k)s, which will make saving for retirement more challenging going forward. Here's a look at three ways COVID-19 may have already hurt your retirement savings and what you can do to get things back on track.

Image source: Getty Images.

Continue reading


Source Fool.com


Comments