With the official announcement of a cost of living adjustment (COLA) for 2025 by the Social Security Administration, millions of retirees are expected to receive a much-desired raise in their monthly checks. Never mind that Social Security serves as, like it...
The “American dream” is slipping further and further away for millions of people across the country, as rising costs, stagnant wages, and widening wealth gaps make it increasingly difficult to achieve financial stability.
The latest estimated price...
There are only a few weeks left before the end of the year, so don't put this off any longer.
Nearly all those 73 and older will have to make a required minimum distribution (RMD) for 2024....
President-elect Donald Trump won Tuesday’s presidential election partly by addressing Americans’ economic anxieties over higher prices.
Nearly half of all voters said they were worse off financially than they were four years ago, the highest level in any election since 2008, according to an NBC News exit poll.
But a cornerstone of Trump’s economic policy...
Don't fall into the same trap.
Saving for retirement in a traditional IRA or 401(k) has its benefits. The fact that your contributions are tax-free could make them easier on you financially during the period when you're trying to build up retirement wealth.
But there's a downside to saving in a...
A long, high-paying career is a major factor in maximizing Social Security, but there's more to it than that.
The average Social Security retirement benefit was $1,921.56 in September. While that might be a nice supplement to your retirement savings, it's hardly enough for most retirees to live on. That's...
The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation.
Each year, the IRS reviews tax thresholds and limitations for various retirement accounts and considers making a cost-of-living adjustment based on the...
Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles.
The buzz around silicon-based anodes, which promise improved power and faster charging capabilities for EVs, has been growing in recent months — just as the hype around solid-state batteries seems to have...
Tech giant Apple is conducting an internal study, dubbed ‘Atlas’, to gather employee feedback on smart glasses currently available in the market, Bloomberg reported.
This initiative, part of the company's exploration into the smart glasses sector, involves focus groups led by Apple’s Product Systems Quality team.
The study, which began recently...
BMW’s electric future is taking shape on the outskirts of the Mexican city of San Luis Potosi, some 450 miles south of the U.S. border.
The five-year-old plant there is where BMW will make its faster-charging, longer-range and more high-tech next-generation of battery-powered vehicles, dubbed the “Neue Klasse,” or “New...
