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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The fine of $106.41 million will be distributed to harmed investors,
Vanguard to Pay $106 Million Over Retirement Fund Violations
Vanguard Group Inc. will pay more than $106 million to settle US Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts.
Vanguard to pay $106M to settle SEC charges over TRF disclosure violations
The Vanguard Group Inc., one of the world's largest asset managers, will pay a $106.41M penalty to resolve charges for allegedly misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds in taxable accounts,
Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
The SEC said a lack of notifications by Vanguard drove higher capital gains tax bills for many retail investors.
1h
on MSN
Former UFC Champion Chris Weidman Announces Retirement From MMA
Former UFC Middleweight Champion Chris Weidman has offically announced his retirement from MMA. We will never forget "The All ...
4h
'What are people going to do?': Some nearing retirement on LI worry about future Social Security benefits
"I'm very worried — how am I going to survive?" Huntington resident Leann Pisano, 58, a recent nursing school graduate, said ...
1d
5 Ways To Reduce Your Retirement Stress
Retirement is often imagined as a carefree phase of life, filled with relaxation, hobbies, and quality time with loved ones.
2d
on MSN
‘Take your retirement on a test drive’ and other financial New Year’s resolutions retirees should consider, according to financial planners
“Retirement is an irreversible decision in some ways. You can always go back to work after you retire, but it’s very unlikely ...
20h
on MSN
10 Tax-Free Ways to Get Cash Without Tapping Your Retirement Savings
You may fund a health savings account (HSA) with a high-deductible health insurance policy. Contributions to an HSA are ...
16h
Preparing for retirement in 2025
The potential cost of life-saving prescription drugs for Medicare recipients is the biggest change in 2025, saving money for ...
Government Executive
1d
How to prepare for an unexpected retirement
Federal employees who are planning for retirement have a multitude of questions that need to be addressed so that they can ...
2d
on MSN
What’s the best way to convince 20-year-olds to save for retirement?
I’m having trouble getting through to my children, ages 23 and 24, about saving for retirement. You know how kids tend to ...
2d
Retirement, Mental Health, and Alcohol Use: What They Have in Common
“Drinking alcohol increases the risk of falls and other injuries and can lead to dependency – and the poor health that ...
8h
Make Money While You Sleep, 2 Top Dividends For A Retirement Dream
Discover how fixed income investments can provide high yields and portfolio defense in a fearful market, with discounted CEFs ...
WREG-TV Memphis on MSN
2d
Retiring judge to preside over Veteran’s Court graduation
Shelby County Judge Bill Anderson will preside over his last Veteran’s Court graduation ceremony on Wednesday afternoon, despite recent controversy and his upcoming ...
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