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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.
Vanguard fined $106M over retirement fund disclosure violations
Vanguard was accused of alleged misleading statements to retail investors in targeted retirement funds. Vanguard Group has been fined $106 million for alleged misleading statements to retail ...
Vanguard to Pay $106 Million Over Retirement Fund Violations
The company announced in December 2020 it would lower the minimum initial investment for its Vanguard Institutional Target Retirement Funds. The SEC claims that to meet demand, a different ...
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday.
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
Vanguard agrees to pay investors $106 million after failing to disclose retirement fund changes
Vanguard, one of the largest mutual fund companies in the United States agreed to pay investors $106 million, CNN reports.
NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes
Thousands of New Yorkers forced to pay higher taxes on their retirement savings are set to receive restitution after a $106 million, multi-state settlement was reached with Vanguard Group. The agreement,
The Average American Retires at 62. Buying These 3 Investments Now Could Make Your Retirement Much More Comfortable
People are steadily extending their careers and working longer. According to research by The Motley Fool, today's average retirement age is 62, up from 59 in 2002. People also expect to work longer ...
5 Key Changes That Will Affect Your Money in 2025
This year, older workers will have ways to save more for retirement, spend less on medicine and see other ways to improve ...
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9 Best Vanguard Mutual Funds
Forbes Advisor has picked the nine best Vanguard mutual funds to help you build your investment portfolio, whether for your retirement or other long-term goals. We’ve focused on diversified ...
This is the average 401(k) balance for ages 55 to 64
Here's what the average 401(k) balance looks like for those closest to retirement age, plus one simple way to save more.
Financial Advisor4d
Vanguard To Pay $106M Over Alleged Retirement Fund Violations
The SEC alleged that the firm made misleading statements and failed to warn investors who held its Vanguard Investor Target Retirement Funds in taxable accounts that they could get hit with ...