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Stock impact report

The Daily Money: Bailing on home insurance [USA TODAY]

Principal Financial Group Inc (PFG) 
Last principal financial group inc earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: USA TODAY
The retired high school teacher, 58, took out a policy in late 2018 after purchasing a three-bedroom home nestled in the Tehachapi Mountains of southern California. She considered the insurance affordable at less than $100 a month, Bailey Schulz and Jessica Guynn report. But the following year, when Tierra's insurance provider sent her a renewal notice, she learned her monthly payment had jumped to $350. Tierra is among a growing number of American homeowners who are “going bare,” or Survey finds workers deeply confused about their 401(k) A new survey explores an odd subgroup of American employees: Workers who aren't enrolled in a 401(k), but who think they are. In a Retirement Security Survey, released this month, Principal Financial Group found that nearly 6 in 10 nonsavers, 59%, wrongly believed they were contributing to a 401(k) retirement plan. Asked how much they were saving, most of the nonsavers gave surprisingly specific figures. How could so many employees be Show less Read more
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