Study Reveals Bidenomics’ Impact: 401(k) Losses Raise Concerns for Retirees Nationwide

<p>In an exploration of individual retirement accounts (IRAs) and pension plans, the study exposes huge losses that could significantly&nbsp;<a href="https://mamasaywhat.com/the-retirement-crisis/" rel="noopener ugc nofollow" target="_blank">delay the retirement plans of countless Americans</a>. The study states that upon assuming office, the Biden administration embarked on an ambitious spending spree alongside their big-spending allies in Congress.</p> <p>With multitrillion-dollar tabs accumulating and no clear means to foot the bill, the Federal Reserve resorted to creating money to finance the unprecedented expenditure. This triggered a&nbsp;<a href="https://mamasaywhat.com/what-the-federal-reserves-decision-means-for-americans/" rel="noopener ugc nofollow" target="_blank">40-year-high inflation rate</a>, swiftly followed by interest rate hikes unseen in decades.</p> <p><a href="https://medium.com/mamasaywhat/study-reveals-bidenomics-impact-401-k-losses-raise-concerns-for-retirees-nationwide-29911a24c5ff"><strong>Website</strong></a></p>
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