Back when I was trading futures, they were the only way to act on things during the overnight sessions. There's a chance I might dabble with this 'feature' on stocks a few times just for kicks and to see how it works if there's something I want to do or respond to (I do well in the pre/post-markets when I use them) -- but I have no desire to become a 24x5 trader or investor that's glued to their screens.
I fear this will further turn investing into a Robin-Hood/Sports-Betting type of gamification for the masses that induces them to gamble with their savings in ways that provide a dopamine hit in the here-and-now while drawing down their retirement assets for the future.

Stable-Value (SV) Rates, 11/1/24
TIAA Traditional Annuity (Accumulation) Rates
Rates up by 25 bps
Restricted RC 5.25%, RA 5.00%
Flexible RCP 4.50%, SRA 4.25%, IRA-101110+ 4.50%
(TIAA Declaration Year 3/1 - 2/28)
TSP G Fund 4.375% pending (previous 3.875%).
Options outside of workplace retirement plans include m-mkt funds, bank m-mkt accounts (FDIC insured), T-Bills, short-term brokered CDs.
#StableValue #401k #403b #TIAA #TSP
https://ybbpersonalfinance.proboards.com/post/1719/thread

Food for Thought... @msf popcorn for thought
@WABAC highlighted:

Americans believe they need to save an average of $1.8 million for retirement

@ a 4% SWR that $1.8M would provide $72K of income for spending. Seems like a reasonable retirement spending amount.
Looking at this $1.8M nest egg another way, one could assign a 25 year asset value to one's pension, SSI or a combination of the two by adding up the 25 years of payouts.
SSI Only:
Those that will receive SSI, one could assign a "25 yr asset value" to SSI. An average earner will receive $24K while a high earner will receive about $42K for 2024. In today's dollars, one would need $600K to provide a $24K SWR for an average earner and $1.05M to provide a $42K SWR for a high earner.

Average earners will still need ($1.8M-$600K) or $1.2M to bridge their $24K SSI income of $72K
High earners will still need ($1.8M-$1.05M) or $750K to bridge their $42K SSI income of $72K
For most Americans who have little or no savings, SSI optimistically will provide about 30-60% of a retiree's income needs. Retirees will need to make up the difference by spending down savings/assets, working after age 65, and modifying their spending.
Sadly for some, it's a bridge too far.

I may have a 403(b) from the university, but *all* of my investments are in my taxable accounts that I consider as 'retirement accounts'. So just focusing on tax-deferred/exempt accounts doesn't present a complete or accurate picture, umho.

Speaking of paying cash- we recently had extensive tree work done at the place in Guerneville. It ran about 14k, and the tree service company sent us an email invoice which was set up to pay by credit card. That got me thinking- by CC we would get 1% back, right?
So I used two JPM credit cards to pay the invoice instead of sending a check, as we usually would have done. By coincidence the JPM checking account had just received two retirement deposits and was flush, so I just transferred 14k from the checking account to pay the CC charges. The $140 CC spiff paid for a new garden edger which we needed.
Every little bit helps!

Yes, this does not compute.
Possible explanations include:
a) Americans have saved huge amounts in taxable accounts.
b) Americans will sell their businesses for large profits and use proceeds to fund retirement.
c) Americans will sell their pricey homes for large profits and use proceeds to fund retirement.
d) Americans will receive a huge inheritance and be on "easy street" in retirement.
I don't believe most Americans will experience the scenarios listed above.

e) Winning the lottery
f) Successfully suing something, or somebody, for something, anything, and the lawyers didn't take all of it.
g) Elon Musk will give a million dollars to anyone that says a nice thing about the app formerly known as Twitter.
Strategies that won't be tried:
a) Paying cash for used vehicles

@msf
Good points!
I realize this is "financial popcorn" but I sometimes read these articles for entertainment.
Perhaps I should pursue a different hobby? ¯\_(ツ)_/¯
The average IRA balance could be skewed much higher if Peter Thiel's IRA was included.
Lord of the Roths

Per the OP provided link - The average retirement account balance for U.S. households was $333,940 in 2022, according to the Federal Reserve Survey of Consumer Finances (SCF). That’s a 12.9% increase from $295,740 in 2019.

Another possibility - multiple sources (with different sampled populations), multiple definitions.
Americans believe they need to save an average of $1.8 million for retirement,
From Charles Schwab, presumably but not necessarily Schwab customer beliefs.
The average 401(k) balance in the second quarter of 2024 was $127,100
From Fidelity - probably just the accounts that Fidelity administers. How representative is that of the working (and retired) population? Also and importantly, this is an average per account, not per person, and people may have multiple 401(k) accounts, not to mention 403(b) accounts, 457 accounts, and other employer-sponsored accounts.
68% of American workers in 2024 feel somewhat or very confident in their ability to have enough money in retirement
From EBRI - a source I consider more reliable, but I'd still have to look at their methodology to know whom they were polling and how the question was phrased.
https://www.ebri.org/docs/default-source/by-the-numbers/ebri_rsrc_facts-and-figures_011923.pdf
I view this piece as financial porn, or more magnanimously financial popcorn - fun to munch on but ultimately just airy fluff. Enjoy it for what it's worth.
Bonus: The average IRA balance, as opposed to the median retirement account balance could be skewing high thanks to IRA accounts like Mitt Romney's, which was worth $1M over a decade ago.

Yes, this does not compute.
Possible explanations include:
a) Americans have saved huge amounts in taxable accounts.
b) Americans will sell their businesses for large profits and use proceeds to fund retirement.
c) Americans will sell their pricey homes for large profits and use proceeds to fund retirement.
d) Americans will receive a huge inheritance and be on "easy street" in retirement.
I don't believe most Americans will experience the scenarios listed above.

Kind of bizarre I think. Op. cit.
A one,

Americans believe they need to save an average of $1.8 million for retirement,

And a two:

The average 401(k) balance in the second quarter of 2024 was $127,100

And a three:

68% of American workers in 2024 feel somewhat or very confident in their ability to have enough money in retirement,

That don't add up, do it?

Lots of interesting Stats
deposit accounts retirement statistics

The main issue apparently isn't about salary increase. The union is trying to restore some version of a defined benefit retirement plan. Probably a lost cause, but I wish them well.

Thanks @yogibearbull.
I'd like to add (since I just turned 65):

2025 standard deduction over 65
There's an additional standard deduction for taxpayers 65 and older and those who are blind. For 2025 that additional amount is $1,600 ($2,000 if unmarried and not a surviving spouse).
Those eligible can add the extra standard deduction to the regular amount for their filing status. So, a single taxpayer 65 or older (or who is blind) can claim a total standard deduction of $17,000 on their 2025 federal tax return.

Source:
https://kiplinger.com/taxes/the-new-standard-deduction-is-here
Also, found these contribution limits for 2025:
"Remember there are catch-up provisions that increase some of these limits"
-I noticed they missed the $1K catch-up provision for HSA

https://www.sec.gov/Archives/edgar/data/754510/000075451024000276/filing8195.htm
497 1 filing8195.htm PRIMARY DOCUMENT
Supplement to the
Fidelity® Small Cap Growth Fund
Class A, Class M, Class C, Class I, and Class Z
September 28, 2024
Prospectus
The following information supplements information found in the "Fund Summary" section under the "Purchase and Sale of Shares" heading.
The fund is currently closed to new investors. For more information, see the "Additional Information about the Purchase and Sale of Shares" section of the prospectus. Remember to keep shares in your fund position to be eligible to purchase additional shares of the fund.
The following information supplements information found in the "Shareholder Information" section under the "Additional Information about the Purchase and Sale of Shares" heading.
Effective the close of business on October 16, 2024, new positions in Fidelity® Small Cap Growth Fund (the fund) may no longer be opened. Shareholders of the fund on that date may continue to add to their fund positions existing on that date. Investors who did not own shares of the fund on October 16, 2024, generally will not be allowed to buy shares of the fund except that new fund positions may be opened: 1) by participants in most group employer retirement plans (and their successor plans) if a qualifying fund is already established as an investment option under the plans (or under another plan sponsored by the same employer), 2) by participants in a 401(a) plan covered by a master record keeping services agreement between Fidelity and a national federation of employers that included a qualifying fund as a core investment option, 3) for accounts managed on a discretionary basis by certain registered investment advisers that have discretionary assets of at least $500 million invested in mutual funds and already included the fund in their discretionary account program, 4) by a mutual fund or a qualified tuition program for which Fidelity serves as investment manager, 5) by a portfolio manager of the fund, 6) by a fee deferral plan offered to trustees of certain Fidelity® funds, if the fund is an investment option under the plan, 7) by qualified intermediaries to facilitate in-kind redemption activity when deemed by the Adviser to be in the best interests of the fund, and 8) by certain asset pools associated with an organization that already offers a qualifying fund as an investment option in its retirement plan(s). These restrictions generally will apply to investments made directly with Fidelity and investments made through intermediaries. Investors may be required to demonstrate eligibility to buy shares of the fund before an investment is accepted.
ASCP-PSTK-1024-138
1.808092.138
October 16, 2024
Supplement to the
Fidelity® Small Cap Growth K6 Fund
September 28, 2024
Prospectus
The following information supplements information found in the "Fund Summary" section under the "Purchase and Sale of Shares" heading.
The fund is currently closed to new investors. For more information, see the "Additional Information about the Purchase and Sale of Shares" section of the prospectus. Remember to keep shares in your fund position to be eligible to purchase additional shares of the fund.
The following information supplements information found in the "Shareholder Information" section under the "Additional Information about the Purchase and Sale of Shares" heading.
Effective the close of business on October 16, 2024, new positions in Fidelity® Small Cap Growth K6 Fund (the fund) may no longer be opened. Shareholders of the fund on that date may continue to add to their fund positions existing on that date. Investors who did not own shares of the fund on October 16, 2024, generally will not be allowed to buy shares of the fund except that new fund positions may be opened: 1) by participants in most group employer retirement plans (and their successor plans) if a qualifying fund is already established as an investment option under the plans (or under another plan sponsored by the same employer), 2) by participants in a 401(a) plan covered by a master record keeping services agreement between Fidelity and a national federation of employers that included a qualifying fund as a core investment option, 3) for accounts managed on a discretionary basis by certain registered investment advisers that have discretionary assets of at least $500 million invested in mutual funds and already included the fund in their discretionary account program, 4) by a mutual fund or a qualified tuition program for which Fidelity serves as investment manager, 5) by a portfolio manager of the fund, 6) by a fee deferral plan offered to trustees of certain Fidelity® funds, if the fund is an investment option under the plan, 7) by qualified intermediaries to facilitate in-kind redemption activity when deemed by the Adviser to be in the best interests of the fund, and 8) by certain asset pools associated with an organization that already offers a qualifying fund as an investment option in its retirement plan(s). These restrictions generally will apply to investments made directly with Fidelity and investments made through intermediaries. Investors may be required to demonstrate eligibility to buy shares of the fund before an investment is accepted.
SCPK6-PSTK-1024-104
1.9886693.104
October 16, 2024
Supplement to the
Fidelity® Small Cap Growth Fund and Fidelity® Small Cap Value Fund
September 28, 2024
Prospectus
The following information supplements information for Fidelity® Small Cap Growth Fund found in the "Fund Summary" section under the "Purchase and Sale of Shares" heading.
The fund is currently closed to new investors. For more information, see the "Additional Information about the Purchase and Sale of Shares" section of the prospectus. Remember to keep shares in your fund position to be eligible to purchase additional shares of the fund.
The following information supplements information found in the "Shareholder Information" section under the "Additional Information about the Purchase and Sale of Shares" heading.
Effective the close of business on October 16, 2024, new positions in Fidelity® Small Cap Growth Fund (the fund) may no longer be opened. Shareholders of the fund on that date may continue to add to their fund positions existing on that date. Investors who did not own shares of the fund on October 16, 2024, generally will not be allowed to buy shares of the fund except that new fund positions may be opened: 1) by participants in most group employer retirement plans (and their successor plans) if a qualifying fund is already established as an investment option under the plans (or under another plan sponsored by the same employer), 2) by participants in a 401(a) plan covered by a master record keeping services agreement between Fidelity and a national federation of employers that included a qualifying fund as a core investment option, 3) for accounts managed on a discretionary basis by certain registered investment advisers that have discretionary assets of at least $500 million invested in mutual funds and already included the fund in their discretionary account program, 4) by a mutual fund or a qualified tuition program for which Fidelity serves as investment manager, 5) by a portfolio manager of the fund, 6) by a fee deferral plan offered to trustees of certain Fidelity® funds, if the fund is an investment option under the plan, 7) by qualified intermediaries to facilitate in-kind redemption activity when deemed by the Adviser to be in the best interests of the fund, and 8) by certain asset pools associated with an organization that already offers a qualifying fund as an investment option in its retirement plan(s). These restrictions generally will apply to investments made directly with Fidelity and investments made through intermediaries. Investors may be required to demonstrate eligibility to buy shares of the fund before an investment is accepted.

When selling or exchanging shares, you should be aware of the following fund policies:
For accounts held through a financial intermediary, each fund typically expects to pay sale proceeds to the financial intermediary for payment to redeeming shareholders within two business days following receipt of a shareholder redemption order; however, each fund may take up to seven days to pay sale proceeds."
Bizarre wording given that you can buy them only through intermediaries and not directly through the fund.
In any case, the above general settlement time language is similar as in many mutual funds' prospectus. Below is the link to the prospectus (strange that I pulled it in my Schwab account and I get a morningstar.com link.)
https://doc.morningstar.com/docdetail.aspx?clientid=schwab&key=84b36f1bf3830e07&cusip=808515605

It is not all that unusual for fund families, especially boutique firms, to sell funds only through third party distributors.
At one time Janus closed off its direct sales channel to new investors. It allowed only existing investors with class D shares to continue investing directly. Everyone else had to buy T shares through third parties.
Schwab originated as a brokerage and likely leaned on that distribution channel when it started running funds.
With respect to M*, as I recall it used to make prospectuses available to users of its websites. As with much of M*'s content, M* seems to have monetized its fund documents:

The Clients We Serve
The Morningstar Document Library is ideal for brokerage firms or retirement plan service providers that want to outsource costly document collection and maintenance. In addition to this web interface, the Document Library can also be private-labeled or provided through APIs. Advisors and plan providers can grant investors direct access to the library via their own websites, ensuring investors receive immediate access to key documents. Fund companies and compliance officers find it a valuable resource for current and archived proprietary and competitor filings.

https://doc.morningstar.com/home.aspx
Note the "clientid=schwab" argument in the URL.
M* is providing all of the fund documentation for Schwab, not just for Schwab funds. For example, here's Schwab's page for FCNTX and the link to the fund's prospectus.
https://www.schwab.com/research/mutual-funds/quotes/summary/fcntx
https://doc.morningstar.com/docdetail.aspx?clientid=schwab&key=84b36f1bf3830e07&cusip=316071109
M* is not the only third party provider of Schwab fund prospectuses. Here's your same SWVXX prospectus hosted by righprospectus.com
https://connect.rightprospectus.com/Schwab/TVT/808515605/SP?site=FundDocs
And links to all the Schwab fund docs hosted there:
https://connect.rightprospectus.com/Schwab/

Providing the right document solutions at the right time, every time
Donnelley Financial Solutions′s RightProspectus is the next generation in compliance communications for mutual fund, variable annuity, and retirement product providers, as well as broker/dealers and clearing firms. With RightProspectus, documents in our repository are automatically tracked and updated as changes are filed with the SEC, ensuring constant access to the most current and accurate prospectuses. RightProspectus represents a quantum leap forward featuring a new, state-of-the-art online platform.

https://rightprospectus.com/

It’s NYC. Perhaps the difference is that NYC promised, in writing, access to a traditional medicare supplement upon retirement. So we collectively have taken the Adams administration to court multiple times and so far, the courts have sided with us.

I'm not going to try to dissuade you from staying with Plan F. Peace of mind has a certain intangible value that for you exceeds $372.
Regarding absence of bills with Plan F, that's the theory. And at worst, you may get a couple of bills that you're not responsible for paying. But you still have to deal with them. Crash gave an example. The result of our crazy quilt insurance system.
With a PPO, it doesn't matter (much) whether the doctor accepts the plan or not. Typically the plan will have a higher copay for out of network doctors. The doctors themselves are required to charge no more than they could charge under Original Medicare. If they won't submit a bill to an insurer, then you pay upfront and submit the bill to the PPO for reimbursement. (I know, less peace of mind, more paperwork.) The point is simply that doctors accepting only OM does not stop the conversation (for some people).
Prior authorization: it's a myth that OM never requires prior authorization. It does, albeit for just a limited number of services and for certain durable medical equipment.
https://www.cms.gov/data-research/monitoring-programs/medicare-fee-service-compliance-programs/prior-authorization-and-pre-claim-review-initiatives
And despite horror stories (there's peace of mind, again), things usually go smoothly.
"Of the 46.2 million prior authorization determinations [in MA plans] in 2022, more than 90% (42.7 million) were fully favorable, meaning the requested item or service was approved in full."
https://www.kff.org/medicare/issue-brief/use-of-prior-authorization-in-medicare-advantage-exceeded-46-million-requests-in-2022/
OM prior authorization approval rates were generally lower (below 80% for outpatient services, below 70% for durable medical equipment in FYs 2021 and 2022). But that's not a fair comparison, because CMS selected for review a limited number of services that are more likely to be abused. Hence the denial rate is expected to be higher.
https://www.cms.gov/files/document/prior-authorization-and-pre-claim-review-program-statistics.pdf
"require prior authorization ... probably the reason why most good doctors shy away from Advantage plans". We can test that theory. Do most good doctors shy away from all commercial insurance - employer sponsored, ACA, etc.? The vast majority of these policies also require prior authorizations.
I know of providers that have dropped various insurers because of slow payments or other difficulties receiving payment. But it is individual insurance companies and not commercial insurance in general that they are dropping.
I do know of one doctor (4.8* on HealthGrades) who stopped taking all insurance other than OM this year. He's near retirement and fed up with dealing with insurance companies, period. As he's phasing out his practice, he doesn't mind losing some patients because of this change. I suggest that he is the exception, that most doctors take commercial insurance despite their prior authorization baggage.

Benz's new book appears to examine retirement holistically.
Non-financial considerations which may lead to improved retirement outcomes
are covered in addition to the financial aspects of retirement.
I haven't yet read Benz's book, but have a library hold on
"How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement."

Oct 12 Episode:

Morningstar’s retirement guru Christine Benz discusses the often overlooked non-financial aspects of retirement planning during this conversation about her new book, How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement.

Link to "Fee Only" List of Personal Financial Advisors:
https://napfa.org/