Category: Retirement

New Spending Bill Makes It Easier for Americans to Save for Retirement

The New York Times – Business:
Several provisions in the spending bill outline new ways employers can help workers save for retirement.
Latinas Have Struggled to Build Savings, but a Younger Cohort Is Making Gains

The New York Times – Business:
As one of the longest-living yet lowest-earning groups in America, Hispanic women have challenges ensuring that their later years are secure. But things are changing.
Climate Change Has Some Retirees Rethinking Where to Live

The New York Times – Business:
It’s a small yet noticeable shift, experts say — but climate change is causing retirees to start reconsidering moves to disaster-prone dream locales.
Republicans Float Changes to Social Security and Medicare

The New York Times – Business:
Democrats have seized on Republican proposals to limit retirement benefits to galvanize voters ahead of the midterm elections.
Here Are the 401(k) Contribution Limits for 2023

The New York Times – Business:
The I.R.S. announced one of its largest increases in decades to caps on retirement contributions, allowing workers with access to the plans to save more.
Working While on Social Security: What to Know

The New York Times – Business:
Collecting the retiree benefit while earning income gets complicated. Here are some key things to remember.
I’m Young. Should I Care About Social Security?

The New York Times – Business:
One reason: You pay for it. And, despite what many Americans believe, it’s “definitely a misconception” that it will run out before you retire, experts say.