Not all seniors need to file a tax return, but others may incorrectly think they fall in this category – don’t make that mistake. Retirement Tip of the Week: If you don’t plan to file a tax return th...
Tag: Labor
I’m 41, my partner is 50. We have $800,000 in retirement savings and make $250,000. We want to retire ASAP but know our money won’t last us our lifetimes – what can we do?
I love reading your responses to everyone’s retirement questions, but realized that I haven’t seen one that matches up closely to what I’m hoping to do. I am 41, and my partner is 50. We are both empl...
Microsoft Loses Executive to Crypto as Talent War Heats Up
This is a big catch for the crypto sphere. Binance, the largest crypto platform in terms of trading volume, has managed to poach great talent from Microsoft (MSFT) – Get Microsoft Corporation R...
Don’t burn bridges: Companies are welcoming back older workers
Chris Thorson, age 55, is very busy. He has a side hustle making Scandinavian knives; he’s a high school volunteer mountain bike coach in Minneapolis; and he’s board chair of the nonprofit National Ce...
Should I use a 401(k) or an IRA to save for retirement? A traditional account or the Roth version? Here’s what to know
You can save on taxes while saving for retirement by using an IRA or a 401(k). But deciding the best account is not always straightforward. There’s also the Roth option for both, meaning four choices,...
Amazon Union Vote Is A Big Win For Labor Unions
Amazon employees walkout over conditions at the company’s Staten Island distribution facility in … [+] March 2020 prompting a former worker to unionize (Photo by Spencer Platt/Getty Images...
I’m 67 and retired with $57,000 left on my mortgage and $600,000 saved for retirement — should I pay off my home now?
I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have...
Why a ‘1970s-style’ inflation spiral is a growing threat, according to a major hedge fund
One of the world’s largest macro hedge funds sees a rising risk of a 1970s-type wage-price spiral, according to a Thursday news report. “This combination of high inflation, tight labour markets, and u...
Amazon, Starbucks workers push for unions after Covid upended labor market
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Th...
How to Plan for Part-Time Retirement
Phased retirement arrangements might be a good fit for older employees who want to scale back on work but aren’t yet ready to leave for good. “It requires some planning,” said Elliot Dole, an adviser...
What happens when the kids leave home?
A key part of your retirement financial plan may be based on a faulty assumption. I’m referring to whether you’ll save and invest more for your retirement after your children become financially indepe...
Tight March labor report could lead Fed to a 50-basis point rate hike
CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear ...
Many companies are enriching their retirement benefits
Workers may be in for a treat – some companies plan to boost their retirement benefits in the next few years, as they look to hire and retain talent, according to a new survey. U.S. employers are imp...
FAA Official Testifies Former Boeing Pilot Lied About 737 MAX
FORT WORTH, Texas—A Federal Aviation Administration training specialist said a former Boeing Co. BA -3.59% pilot lied to her about how a 737 MAX flight-control system worked before two of the jets cra...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
Will the Fed rate increase mean higher interest on your savings and not using your travel card rewards may not be such a bad thing
Hi, MarketWatchers. Don’t miss these top stories. Weekend reads: There’s a recession warning as the Federal Reserve fights inflation Also, value stocks, the wild market for crude oil and a U.S. compan...
France is considering raising its retirement age to 65
French workers may see their legal retirement age jump from 62 to 65 if President Emmanuel Macron gets his way. Macron, who is running for reelection, said the move is a natural progression. “We are ...
‘Where should I live and what am I going to do?’ Retirement advice we’re not getting from financial advisers
Retirement is one of the Top 10 most stressful life events, according to the psychiatrists Thomas Holmes and Richard Rahe. As someone who recently began unretirement (or semiretirement), I concur. But...
Labor Challenges Will Pass, Profits Will Stay
Healthcare business concept, Medical examination and growth graph data of business on tablet with … [+] doctor’s health report clipboard on background. getty I first made Universal Health ...
US Labor Department Urges Caution over Crypto Investment in 401k Retirement Plans
The U.S. Department of Labor (DOL) on Friday warned employers and retirement plan providers to “exercise extreme care” before they consider cryptocurrency into their investment option for plan partici...
U.S. Labor Department ‘is right’ about 401(k) warning
The recent U.S. Labor Department (DOL) warning to fiduciaries who offer cryptocurrency investments inside 401(k) plans makes sense, one crypto executive told Yahoo Finance. “I think that the Departmen...
Home Run Derby To Break Ties In All-Star Game; Mid-Game Concert Possible With MLB Labor Deal
Could a home run derby break ties in the MLB All-Star Game? The league and players have agreed to … [+] explore the possibility. (Photo by Daniel Shirey/MLB Photos via Getty Images) MLB Photos v...
Biden’s Labor Department Has Big Worries About Crypto In 401(k)s
Business And Finance Concept Of 401k Investments Growing In Equity Do To A Bull Market Trend getty The U.S. Department of Labor came out this week with an unusually strong warning about cryptocurrenci...
The US Labor Department Sounds Stern Warnings Against Including Cryptocurrencies In Retirement Funds ⋆ ZyCrypto
Advertisement     The US Labor Department cautions firms about adding crypto to 401(k) plan options. Concerns surrounding the volatile nature of the asset as well as ...
‘I can tolerate him for 7 months — at the most’: My husband and I live apart in the summer. Should I refinance my house and set up a joint savings account?
Dear Quentin, My husband of seven years owns a home in Minnesota, and has a mortgage. I own a home in Florida with no mortgage. We have no savings or retirement accounts. Should I pull my equity from ...