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The fund's name stems from its original mandate in 1967: "the fund's mission was to take a contrarian view, investing in out-of-favor stocks or sectors." [2] This strategy has changed since the 1990s to become a fund focused on growth investing in large companies, and the Contrafund's strong history of growth has led to its being "a stalwart of many 401(k) plans".
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More and more of our readers are going back to work after retirement because they need the money. Some are offered 401(k) plans by their employers. They wonder whether or not they should ...
USF&G was an American insurance company that existed from 1896 [1] until 1998. It was originally called the United States Fidelity and Guaranty Company.The insurer formed a holding company for its insurance businesses and changed its name to USF&G in July 1981.
Kathleen Ann Murphy [1] (born January 27, 1963) [1] is an American lawyer and business executive. She is the President of Fidelity Personal Investing, a unit of Fidelity Investments.
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The main benefit of a Keogh plan versus other retirement plans is that a Keogh plan has higher contribution limits for some individuals. For 2011, employees can generally contribute up to $16,500 per year, and the employer can contribute up to $32,500, for a total annual contribution of $49,000.